4//SEC Filing
PARSONS WILLIAM J 4
Accession 0001181431-10-000415
CIK 0000275119other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 4:00 PM ET
Size
7.5 KB
Accession
0001181431-10-000415
Insider Transaction Report
Form 4
BAYLAKE CORPBYLK
PARSONS WILLIAM J
Director
Transactions
- Purchase
10% Convertible Promissory Notes due 2017
2009-12-31$100000.00/shExercise: $5.00Exp: 2017-06-30→ Common Stock (20,000 underlying)
Holdings
- 139,881.398
Common Stock
- 1,130.708(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]The convertible promissory note is convertible into shares of common stock at a conversion ratio of one share of common stock for each $5.00 in aggregate principal amount held on the record date of the conversion, subject to adjustment for stock dividends, stock-splits, repurchases or reclassifications, as described in the security.
- [F2]The holder of the convertible promissory note may, at the option of the holder, convert up to the full principal amount of the convertible promissory notes into shares of common stock at any time prior to redemption or maturity. On October 1, 2014, up to one-half of the original principal amount of the convertible promissory note will automatically convert into shares of common stock.
- [F3]June 30, 2017 is the stated maturity date of the convertible promissory notes.
Documents
Issuer
BAYLAKE CORP
CIK 0000275119
Entity typeother
Related Parties
1- filerCIK 0001254925
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 4:00 PM ET
- Size
- 7.5 KB