Home/Filings/4/0001181431-13-018236
4//SEC Filing

ROSENGARTEN TERESA A 4

Accession 0001181431-13-018236

CIK 0000275119other

Filed

Mar 20, 8:00 PM ET

Accepted

Mar 21, 2:07 PM ET

Size

15.6 KB

Accession

0001181431-13-018236

Insider Transaction Report

Form 4
Period: 2013-03-19
ROSENGARTEN TERESA A
Executive Vice President
Transactions
  • Award

    Restricted Stock Units

    2013-03-19+4,2634,263 total
  • Award

    Stock Options

    2013-03-19+5,2335,233 total
    Exercise: $9.50Exp: 2023-03-19Common Stock (5,233 underlying)
Holdings
  • Stock Options

    Exercise: $6.20Exp: 2022-04-01Common Stock (9,488 underlying)
    9,488
  • Common Stock

    7,296
  • Restricted Stock Units

    9,488
  • Common Stock

    (indirect: By ESPP)
    565.25
  • Restricted Stock Units

    5,692
  • Stock Options

    Exercise: $4.15Exp: 2021-03-15Common Stock (9,488 underlying)
    9,488
  • 10% Convertible Promissory Notes due 2017

    Exercise: $5.00Exp: 2017-06-30Common Stock (10,000 underlying)
Footnotes (9)
  • [F1]The aggregate restricted stock units were granted on 3/19/2013 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
  • [F2]The aggregate restricted stock units were granted on 3/15/2011 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
  • [F3]The aggregate restricted stock units were granted on 4/1/2012 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
  • [F4]The aggregate stock options were granted on 3/19/2013 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
  • [F5]The aggregate stock options were granted on 3/15/2011 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
  • [F6]The aggregate stock options were granted on 4/1/2012 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
  • [F7]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.
  • [F8]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.
  • [F9]June 30, 2017, is the stated maturity date of the convertible promissory notes.

Documents

1 file

Issuer

BAYLAKE CORP

CIK 0000275119

Entity typeother

Related Parties

1
  • filerCIK 0001192652

Filing Metadata

Form type
4
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 2:07 PM ET
Size
15.6 KB