Home/Filings/4/0001127602-19-009060
4//SEC Filing

Heckler Mark A. 4

Accession 0001127602-19-009060

CIK 0001139812other

Filed

Feb 27, 7:00 PM ET

Accepted

Feb 28, 9:05 PM ET

Size

31.5 KB

Accession

0001127602-19-009060

Insider Transaction Report

Form 4
Period: 2019-02-27
Transactions
  • Exercise/Conversion

    Common Stock

    2019-02-27$45.58/sh+6,020$274,39250,323 total
  • Tax Payment

    Common Stock

    2019-02-27$45.58/sh2,728$124,34247,595 total
  • Exercise/Conversion

    Performance Share Units

    2019-02-276,0200 total
    Exercise: $0.00Common Stock (6,020 underlying)
Holdings
  • Common Stock

    (indirect: By Deferred Comp Plan)
    2,429
  • Stock Option (Right to Buy)

    Exercise: $20.40From: 2013-08-29Exp: 2022-08-29Common Stock (4,343 underlying)
    4,343
  • Stock Option (Right to Buy)

    Exercise: $27.09From: 2014-08-28Exp: 2023-08-28Common Stock (4,241 underlying)
    4,241
  • Stock Option (Right to Buy)

    Exercise: $29.80From: 2015-02-26Exp: 2024-02-26Common Stock (4,007 underlying)
    4,007
  • Stock Option (Right to Buy)

    Exercise: $31.26From: 2016-02-25Exp: 2025-02-25Common Stock (3,076 underlying)
    3,076
  • Stock Option (Right to Buy)

    Exercise: $30.33From: 2017-02-24Exp: 2026-02-24Common Stock (4,689 underlying)
    4,689
  • Restricted Stock Units

    Exercise: $0.00Common Stock (1,068 underlying)
    1,068
  • Performance Share Units

    Exercise: $0.00Common Stock (3,941 underlying)
    3,941
  • Stock Option (Right to Buy)

    Exercise: $41.01Common Stock (4,296 underlying)
    4,296
  • Stock Option (Right to Buy)

    Exercise: $45.67Common Stock (3,774 underlying)
    3,774
  • Restricted Stock Units

    Exercise: $0.00Common Stock (1,576 underlying)
    1,576
  • Stock Option (Right to Buy)

    Exercise: $12.09From: 2013-07-22Exp: 2019-07-22Common Stock (3,825 underlying)
    3,825
  • Restricted Stock Units

    Exercise: $0.00Common Stock (689 underlying)
    689
  • Stock Option (Right to Buy)

    Exercise: $17.20From: 2014-07-28Exp: 2020-09-28Common Stock (4,100 underlying)
    4,100
  • Performance Share Units

    Exercise: $0.00Common Stock (5,048 underlying)
    5,048
  • Restricted Stock Units

    Exercise: $0.00Common Stock (3,028 underlying)
    3,028
Footnotes (13)
  • [F1]Transaction represents the settlement of performance share units ("PSUs"). These PSUs represented the right to receive a number of shares of the issuer's common stock, ranging from 25% to 175% of a target number of 5,341 shares (which was the number of PSUs previously reported as having been awarded to the reporting person) depending on the level of achievement relative to a specified performance goal (total shareholder return relative to a comparison group) during the performance period. Based on the actual level of achievement during the performance period, the reporting person vested in 6,020 PSUs, representing 112.72% of the target number of PSUs, for which the reporting person became entitled to 6,020 shares of the issuer's common stock.
  • [F10]Restricted Stock Units granted to the reporting person under the Issuer's Amended and Restated Omnibus Incentive Plan equal to the same amount of shares of common stock. The remaining restricted stock units are scheduled to vest in one-half annual increments beginning February 28, 2020.
  • [F11]Option to purchase shares of common stock granted to reporting person under Issuer's Amended and Restated Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning February 28, 2019).
  • [F12]Restricted Stock Units granted to the reporting person under the Issuer's Amended and Restated Omnibus Incentive Plan equal to the same amount of shares of common stock. The remaining restricted stock units are scheduled to vest in one-third annual increments beginning February 28, 2020.
  • [F13]Option to purchase shares of common stock granted to the reporting person under Issuer's Amended and Restated Omnibus Incentive Plan. The option is 100% vested.
  • [F2]Transaction represents withholding of shares to satisfy tax withholding obligation in connection with the vesting and settlement of PSUs as described in footnote 1.
  • [F3]Represents approximate equivalent number of shares of the Issuer's common stock held in the reporting person's account under the Issuer's Stock Deferred Compensation Plan, based on the most recent plan account statement. The approximate equivalent number of shares is equal to the dollar value of the reporting person's plan account divided by the closing price of the Issuer's common stock. As a result, the equivalent number of shares will fluctuate with changes in the market price of the Issuer's common stock.
  • [F4]Performance based vesting
  • [F5]Grant to reporting person of option to purchase shares of common stock under Issuer's Amended and Restated Omnibus Incentive Plan. The option vests ratably over 4 years (25% per year).
  • [F6]Option to purchase shares of common stock granted to the reporting person under Issuer's Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning on February 25, 2016).
  • [F7]Option to purchase shares of common stock granted to reporting person under Issuer's Amended and Restated Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning February 24, 2017).
  • [F8]Restricted Stock Units granted to the reporting person under the Issuer's Amended and Restated Omnibus Incentive Plan equal to the same amount of shares of common stock. The remaining restricted stock units are scheduled to vest on February 28, 2020.
  • [F9]Option to purchase shares of common stock granted to reporting person under Issuer's Amended and Restated Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning February 22, 2018).

Issuer

MB FINANCIAL INC /MD

CIK 0001139812

Entity typeother

Related Parties

1
  • filerCIK 0001501110

Filing Metadata

Form type
4
Filed
Feb 27, 7:00 PM ET
Accepted
Feb 28, 9:05 PM ET
Size
31.5 KB