Reynolds Richard M. 4
4 · Wolverine Bancorp, Inc. · Filed Oct 17, 2017
Insider Transaction Report
Form 4
Reynolds Richard M.
Director
Transactions
- Other
Stock Options
2017-10-17−7,500→ 0 totalExercise: $26.75From: 2017-09-12Exp: 2026-09-12→ Common Stock (7,500 underlying) - Other
Common Stock
2017-10-17−34,521→ 0 total - Other
Stock Options
2017-10-17−7,522→ 0 totalExercise: $17.30From: 2013-08-21Exp: 2022-08-21→ Common Stock (7,522 underlying)
Footnotes (2)
- [F1]Each share of common stock was converted into and became exchangeable for the right to receive 1.0152 shares of Horizon Bancorp common stock and $14.00 in cash.
- [F2]Stock options have been cancelled and each option holder will receive a cash payment upon such cancellation in an amount equal to the product of (i) the number of shares of Issuer common stock provided for by such option and (ii) $40.00 minus the exercise price of the option.