STEANS HARRISON I 4
4 · TAYLOR CAPITAL GROUP INC · Filed Feb 13, 2009
Insider Transaction Report
Form 4
STEANS HARRISON I
Director
Transactions
- Purchase
8% Non-Cumulative Convert. Perpetual Preferred Stock
2009-02-12$25.15/sh+4,000$100,600→ 251,400 total(indirect: By Trust)Exercise: $10.00→ Common stock (10,000 underlying)
Footnotes (2)
- [F1]Each share of 8.0% Non-Cumulative Convertible Perpetual Preferred Stock, Series A, is convertible at any time at the holder?s election into 2.5 shares of the Issuer's common stock at a conversion price of $10.00 per share of common stock, and has no stated expiration date, but is callable by the Issuer in certain circumstances specified in the Issuer?s Third Amended and Restated Certificate of Incorporation.
- [F2]The preferred stock was purchased by the Harrison I. Steans Self Declaration of Revocable Trust, for which Mr. Steans serves as trustee, at the same price at which it was orginally issued plus accrued but unpaid dividends payable on such shares by the Issuer in the ordinary course.