4//SEC Filing
BAYLAKE CORP 4
Accession 0001181431-14-025333
CIK 0000275119operating
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 11:07 AM ET
Size
10.9 KB
Accession
0001181431-14-025333
Insider Transaction Report
Form 4
BAYLAKE CORPBYLK
FERRIS ROGER G
Director
Transactions
- Conversion
Common Stock
2014-07-01$5.00/sh+20,000$100,000→ 37,200 total(indirect: By IRA) - Conversion
10% Convertible Promissory Notes due 2017
2014-07-01(indirect: By IRA)Exercise: $5.00Exp: 2017-06-30→ Common Stock (20,000 underlying)
Holdings
- 5,000(indirect: By Spouse)
Common Stock
- 9,447(indirect: By Trust)
Common Stock
- 5,949.613(indirect: By ESPP)
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.
Documents
Issuer
BAYLAKE CORP
CIK 0000275119
Entity typeoperating
IncorporatedWI
Related Parties
1- filerCIK 0000275119
Filing Metadata
- Form type
- 4
- Filed
- Jun 30, 8:00 PM ET
- Accepted
- Jul 1, 11:07 AM ET
- Size
- 10.9 KB