4//SEC Filing
Ryan Lawrence 4
Accession 0001181431-12-000957
CIK 0001025536other
Filed
Jan 3, 7:00 PM ET
Accepted
Jan 4, 6:28 PM ET
Size
10.5 KB
Accession
0001181431-12-000957
Insider Transaction Report
Form 4
Ryan Lawrence
Executive Vice President
Transactions
- Other
8.0% Non-cumulative convertible perpetual pref stk, Series C
2011-12-31−10,000→ 0 totalExercise: $12.28→ Common Stock (20,358 underlying) - Other
Common Stock
2011-12-31$9.07/sh+27,559$249,990→ 118,434 total
Holdings
- 44,429
Common Stock
- 7,481
Common Stock
- 4,690
Common Stock
Footnotes (6)
- [F1]Each share of 8% Non-cumulative, convertible perpetual stock, Series C ("Preferred Stock") owned by the reporting person is convertible at a fixed conversion price of $12.28 per share into approximately 2.0358 shares of Common Stock, or, if elected by the issuer between December 27, 2011 and December 31, 2011, at a floating conversion price into a number of shares of Common Stock equal to the sum of: (i) the quotient obtained by dividing $25.00 by $12.28; plus (ii) the quotient obtained by dividing $7.00 by the closing price of the Common Stock on the trading day immediately preceding the conversion date. On December 31, 2011, the issuer converted the Preferred Stock at the floating conversion price such that each share of Preferred Stock converted into 2.7559 shares of Common Stock (reflecting a closing price on December 30, 2011 of $9.72 per share of Common Stock), resulting in an effective conversion price of $9.0711 per share.
- [F2]Represents a grant of restricted stock, of which 50% vests on February 28, 2014, an additional 25% of which vests on February 28, 2015, and the final 25% of which vests on February 28, 2016. The restricted stock is subject to certain additional transfer restrictions as required under TARP.
- [F3]Represents a grant of restricted stock, of which 50% vests on June 10, 2013, an additional 25% of which vests on June 10, 2014, and the final 25% of which vests on June 10, 2015. The restricted stock is subject to certain additional transfer restrictions as required under TARP.
- [F4]Represents a grant of restricted stock, of which 50% vested on April 22, 2011, an additional 25% of which vests on April 22, 2012, and the final 25% of which vests on April 22, 2013.
- [F5]Each share of Preferred Stock was convertible at any time at the election of the reporting person, and, in certain circumstances, at the election of the issuer.
- [F6]The Preferred Stock had no expiration date.
Documents
Issuer
TAYLOR CAPITAL GROUP INC
CIK 0001025536
Entity typeother
Related Parties
1- filerCIK 0001455922
Filing Metadata
- Form type
- 4
- Filed
- Jan 3, 7:00 PM ET
- Accepted
- Jan 4, 6:28 PM ET
- Size
- 10.5 KB