SCHMITZ NANCY E 4
4 · MSB FINANCIAL CORP · Filed Aug 8, 2017
Insider Transaction Report
Form 4
SCHMITZ NANCY E
SVP and Corporate Secretary
Transactions
- Other
Stock Option (Right to Buy)
2017-08-04−18,832→ 0 totalExercise: $9.43From: 2009-05-09Exp: 2018-05-08→ Common Stock (18,832 underlying)
Holdings
- 5,477
Common Stock
- 6,786.022(indirect: By ESOP)
Common Stock
- 20,000
Stock Option (Right to Buy)
Exercise: $11.04From: 2017-06-07Exp: 2026-06-06→ Common Stock (20,000 underlying) - 12,000(indirect: Equity Incentive Plan)
Common Stock
Footnotes (1)
- [F1]Pursuant to the terms of the stock option agreement, in lieu of the receipt of shares of common stock, upon the exercise of the options, the reporting person received a cash payment equal to the excess of the closing price of the common stock on the NASDAQ Stock Market on August 4, 2017 of $17.30 over the per share exercise price of $9.4323 multiplied by the number of options being exercised.