STRATTON EARL D 4
4 · TCF FINANCIAL CORP · Filed Dec 16, 2009
Insider Transaction Report
Form 4
STRATTON EARL D
Executive Vice President & CIO
Transactions
- Award
Common Stock
2009-12-14+15,106→ 250,294 total
Holdings
- 17,450(indirect: By IRA)
Common Stock
- 45,617.906(indirect: By KSOP as of 11/30/09)
Common Stock
- 24,007.776(indirect: By Trust)
Common Stock
- 118,000
Option (right to buy)
Exercise: $15.75Exp: 2018-01-21→ Common Stock (118,000 underlying)
Footnotes (5)
- [F1]The filing of this statement shall not be construed as an admission that the undersigned is, for the purpose of Section 16 of the Securities and Exchange Act of 1934, the beneficial owner of any equity securities covered by this statement other than those owned directly by the undersigned.
- [F2]The shares noted are derivative securities based on the Reporting Person's benefits under a non-qualified plan.
- [F3]The option vests in 2 installments: 50% on January 1, 2011; the remaining 50% on January 1, 2012.
- [F4]Stock award from TCF Financial. One-third vests on or before April 1, 2011, 2012 and 2013. Vesting is based on achievement of ROE goal.
- [F5]Price is not applicable.