Higginbottom Elzie 4
4 · TAYLOR CAPITAL GROUP INC · Filed Aug 17, 2012
Insider Transaction Report
Form 4
Higginbottom Elzie
Director
Transactions
- Conversion
Stock Purchase Warrant (Right to buy Common Stock)
2012-08-15−1,500→ 0 totalExercise: $9.88From: 2009-03-29Exp: 2013-09-29→ Common Stock (1,500 underlying) - Conversion
Common Stock
2012-08-15$9.89/sh+448$4,431→ 23,980 total
Holdings
- 89
Common Stock
- 421
Common Stock
Footnotes (3)
- [F1]Represents a grant of restricted stock, 50% of which vested on March 3, 2011, an additional 25% vested on March 3, 2012 and the final 25% vests on March 3, 2013.
- [F2]Represents a grant of restricted stock, 50% of which vested on May 22, 2010, an additional 25% vested on May 22, 2011 and the final 25% vested on May 22, 2012.
- [F3]Pursuant to the existing terms of this stock purchase warrant, the Issuer exercised its option to cause the conversion of the warrant, on a cashless basis, for the number of shares of Common Stock reported on this Form 4 as acquired by the Reporting Person upon conversion of the warrant. As a result of such cashless conversion of the warrant, the Reporting Person's rights under the warrant were limited solely to the right to receive upon surrender of the warrant certificate the net number of shares reported reported as acquired in Table I hereof, and the Reporting Person's exercise rights to acquire any additional shares under the warrant were extinguished.