BAYLAKE CORP 4
4 · BAYLAKE CORP · Filed Jul 29, 2013
Insider Transaction Report
Form 4
BAYLAKE CORPBYLK
FERRIS ROGER G
Director
Transactions
- Purchase
Common Stock
2013-07-26$10.05/sh+1,500$15,075→ 17,200 total(indirect: By IRA) - Purchase
Common Stock
2013-07-26$10.05/sh+5,000$50,250→ 5,000 total(indirect: By Spouse) - Purchase
Common Stock
2013-07-25$10.06/sh+1,000$10,060→ 15,700 total(indirect: By IRA)
Holdings
- (indirect: By IRA)
10% Convertible Promissory Notes due 2017
Exercise: $5.00Exp: 2017-06-30→ Common Stock (30,000 underlying) - 5,449.855(indirect: By ESPP)
Common Stock
- 9,447(indirect: By Trust)
Common Stock
10% Convertible Promissory Notes due 2017
Exercise: $5.00Exp: 2017-06-30→ Common Stock (10,000 underlying)
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.