COMMUNITY FINANCIAL SHARES INC 4
4 · COMMUNITY FINANCIAL SHARES INC · Filed Jul 28, 2015
Insider Transaction Report
Form 4
Mulherin John M
Director
Transactions
- Disposition to Issuer
Common Stock
2015-07-24−1,208→ 0 total(indirect: By Spouse) - Disposition to Issuer
Common Stock
2015-07-24−20,293→ 0 total
Footnotes (2)
- [F1]Pursuant to an Agreement and Plan of Merger, dated as of March 2, 2015 among the issuer, Wintrust Financial Corporation and Wintrust Merger Sub LLC (the "Merger Agreement"), each share of issuer common stock was converted into the right to receive 0.013 shares of Wintrust Financial Corporation common stock and $0.71 in cash, plus cash in lieu of a fraction of a share of Wintrust common stock to which the holder might otherwise be entitled, such amount being determined by multiplying such fraction by $54.37. Accordingly, on July 24, 2015, the effective date of the merger, the reporting person's shares of issuer common stock were disposed of in exchange for 263 shares of Wintrust Financial Corporation common stock and $14,452.02 in cash.
- [F2]Pursuant to the Merger Agreement each share of issuer common stock was converted into the right to receive 0.013 shares of Wintrust Financial Corporation common stock and $0.71 in cash, plus $54.37 for any fractional share of Wintrust Financial Corporation common stock to which the individual would have been otherwise entitled. Accordingly, on July 24, 2015, the effective date of the merger, the reporting person's shares of issuer common stock were disposed of in exchange for 15 shares of Wintrust Financial Corporation common stock and $895.96 in cash.