BAYLAKE CORP 4

Accession 0001181431-14-013483

CIK 0000275119operating

View on SEC.gov Company Profile

Filed

Mar 19, 8:00 PM ET

Accepted

Mar 20, 10:40 AM ET

Size

18.0 KB

Accession

0001181431-14-013483

Insider Transaction Report

Form 4

Period: 2014-03-18

BAYLAKE CORPBYLK

ROSENGARTEN TERESA A

Executive Vice President

Transactions

Award
Restricted Stock Units
2014-03-18+1,338→ 1,338 total
Award
Stock Options
2014-03-18+5,706→ 5,706 total
Exercise: $13.90Exp: 2024-03-18→ Common Stock (5,706 underlying)

Holdings

Common Stock
11,944
Stock Options
Exercise: $9.50Exp: 2023-03-19→ Common Stock (5,233 underlying)
5,233
Restricted Stock Units
3,410
Restricted Stock Units
3,795
Stock Options
Exercise: $4.15Exp: 2021-03-15→ Common Stock (9,488 underlying)
9,488
Restricted Stock Units
7,590
Common Stock
(indirect: By ESPP)
645.058
10% Convertible Promissory Notes due 2017
Exercise: $5.00Exp: 2017-06-30→ Common Stock (10,000 underlying)

Footnotes (11)

[F1]The aggregate restricted stock units were granted on 3/18/2014 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.
[F10]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.
[F11]June 30, 2017, is the stated maturity date of the convertible promissory notes.
[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 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.
[F5]The aggregate stock options were granted on 3/18/2014 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 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.
[F7]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.
[F8]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.
[F9]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.

Documents

1 file

4
rrd405450.xmlPrimary

Issuer

BAYLAKE CORP

CIK 0000275119

→

Entity typeoperating

IncorporatedWI

Related Parties

filerCIK 0000275119

Filing Metadata

Form type: 4
Filed: Mar 19, 8:00 PM ET
Accepted: Mar 20, 10:40 AM ET
Size: 18.0 KB

View on SEC.gov