4//SEC Filing
TAYLOR CAPITAL GROUP INC 4
Accession 0001025536-14-000068
CIK 0001025536operating
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 6:46 PM ET
Size
9.5 KB
Accession
0001025536-14-000068
Insider Transaction Report
Form 4
Conte Randall
COO and CFO
Transactions
- Disposition to Issuer
Common Stock (Option to Buy)
2014-08-18$15.09/sh−25,500$384,795→ 0 totalExercise: $6.23Exp: 2017-11-05→ Common Stock (25,500 underlying) - Disposition to Issuer
Common Stock
2014-08-18−38,481→ 0 total - Disposition to Issuer
Common Stock
2014-08-18−61,082→ 0 total(indirect: By IRA)
Footnotes (4)
- [F1]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 39,286 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $249,214 of cash.
- [F2]Represents shares held by Randall T. Conte, CGM IRA Rollover Custodian
- [F3]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. Of the 38,481 shares, 19,359 represent unvested restricted stock awards which, in accordance with the merger agreement, were canceled at the effective time of the merger and converted into the right to receive a cash payment from MB Financial at the time of vesting under the vesting schedule of such awards. The remaining 19,122 shares were disposed of in exchange for 12,298 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $78,018 of cash.
- [F4]This option, which provided for vesting in four equal annual installments beginning November 5, 2010, was canceled in the merger in exchange for a cash payment of $338,801, representing the difference between the exercise price and the merger consideration which would have otherwise been received for each share of stock underlying the option, calculated using the average closing price of MB Financial's common stock for the 10 trading days preceding the closing of the merger.
Documents
Issuer
TAYLOR CAPITAL GROUP INC
CIK 0001025536
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001025536
Filing Metadata
- Form type
- 4
- Filed
- Aug 18, 8:00 PM ET
- Accepted
- Aug 19, 6:46 PM ET
- Size
- 9.5 KB