4//SEC Filing
TAYLOR CAPITAL GROUP INC 4
Accession 0001025536-14-000072
CIK 0001025536operating
Filed
Aug 18, 8:00 PM ET
Accepted
Aug 19, 6:50 PM ET
Size
11.2 KB
Accession
0001025536-14-000072
Insider Transaction Report
Form 4
Hoppe Mark A
CEO and President
Transactions
- Disposition to Issuer
Common Stock
2014-08-18−68,298→ 0 total(indirect: By IRA) - Disposition to Issuer
Common Stock
2014-08-18−161,875→ 0 total - Disposition to Issuer
Common Stock (Option to Buy)
2014-08-18$1.33/sh−50,000$66,500→ 0 totalExercise: $19.99Exp: 2016-02-04→ Common Stock (50,000 underlying) - Disposition to Issuer
Common Stock
2014-08-18−141,449→ 0 total(indirect: By Spouse)
Footnotes (5)
- [F1]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. Of the 161,875 shares, 29,168 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 132,707 shares were disposed in exchange for 85,354 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $541,445 of cash.
- [F2]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 43,927 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $278,656 of cash.
- [F3]Disposed of pursuant to merger agreement between issuer and MB Financial, Inc. in exchange for 90,977 shares of MB Financial common stock having a market value of $26.80 per share at the effective time of the merger and approximately $577,112 of cash.
- [F4]Shares held jointly by Mr. Hoppe and spouse.
- [F5]This option, which provided for vesting in four equal annual installments beginning February 4, 2009, was canceled in the merger in exchange for a cash payment of $66,500, 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 preceeding 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, 6:50 PM ET
- Size
- 11.2 KB