4//SEC Filing
BAYLAKE CORP 4
Accession 0001181431-14-025337
CIK 0000275119operating
Filed
Jun 30, 8:00 PM ET
Accepted
Jul 1, 11:09 AM ET
Size
20.9 KB
Accession
0001181431-14-025337
Insider Transaction Report
Form 4
BAYLAKE CORPBYLK
CERA ROBERT J
DirectorChief Executive Officer
Transactions
- Conversion
10% Convertible Promissory Notes due 2017
2014-07-01→ 0 total(indirect: By 401(k))Exercise: $5.00Exp: 2017-06-30→ Common Stock (15,000 underlying) - Conversion
Common Stock
2014-07-01$5.00/sh+15,000$75,000→ 15,000 total(indirect: By 401(k))
Holdings
- 8,918
Restricted Stock Units
- 22,296
Stock Options
Exercise: $6.20Exp: 2022-04-01→ Common Stock (22,296 underlying) - 8,526
Restricted Stock Units
- 13,377
Restricted Stock Units
- 15,644
Stock Options
Exercise: $13.90Exp: 2024-03-18→ Common Stock (15,644 underlying) - 3,669
Restricted Stock Units
- (indirect: By IRA)
10% Convertible Promissory Notes due 2017
Exercise: $5.00Exp: 2017-06-30→ Common Stock (10,000 underlying) - 20,350(indirect: By IRA)
Common Stock
- 30,129
Common Stock
- 13,081
Stock Options
Exercise: $9.50Exp: 2023-03-19→ Common Stock (13,081 underlying) - 1,660.81(indirect: By ESPP)
Common Stock
- 17,836
Stock Options
Exercise: $4.15Exp: 2021-03-15→ Common Stock (17,836 underlying)
Footnotes (11)
- [F1]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.
- [F10]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.
- [F11]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 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.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]June 30, 2017, is the stated maturity date of the convertible promissory notes.
- [F7]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.
- [F8]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.
- [F9]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.
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, 11:09 AM ET
- Size
- 20.9 KB