Ottawa Bancorp Inc|4Oct 13, 3:33 PM ET

Ottawa Bancorp Inc 4

4 · Ottawa Bancorp Inc · Filed Oct 13, 2016

Form 4

Period: 2016-10-11

Director

Transactions

Purchase
Common Stock
2016-10-11$10.00/sh+100$1,000→ 100 total(indirect: As custodian under UTMA for KGG)
Purchase
Common Stock
2016-10-11$10.00/sh+100$1,000→ 100 total(indirect: As custodian under UTMA for LPG)
Other
Common Stock
2016-10-11+10,132→ 10,132 total(indirect: By Spouse)
Purchase
Common Stock
2016-10-11$10.00/sh+100$1,000→ 100 total(indirect: As custodian under UTMA for FMR)
Purchase
Common Stock
2016-10-11$10.00/sh+100$1,000→ 100 total(indirect: As custoidan under UTMA for CRR)
Other
Stock Option (Right to Buy)
2016-10-11+6,498→ 6,498 total
Exercise: $10.36From: 2007-11-21Exp: 2006-11-21→ Common Stock (6,498 underlying)
Other
Common Stock
2016-10-11+19,288→ 19,288 total
Purchase
Common Stock
2016-10-11$10.00/sh+5,500$55,000→ 24,788 total
Purchase
Common Stock
2016-10-11$10.00/sh+100$1,000→ 100 total(indirect: As custodian under UTMA for FCG)

Footnotes (3)

[F1]Pursuant to the Plan of Conversion and Reorganization, each share of Ottawa Savings Bancorp, Inc. common stock was exchanged for 1.1921 shares of Ottawa Bancorp, Inc. common stock, rounded down to the nearest whole share.
[F2]Pursuant to the Plan of Conversion and Reorganization, each option to purchase a share of Ottawa Savings Bancorp, Inc. was converted into an option to purchase 1.1921 shares of Ottawa Bancorp, Inc. common stock, rounded down to the nearest whole share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 1.1921 exchange ratio, with such quotient rounded to the nearest whole cent. All such options continue to vest according to their original terms.
[F3]Options are fully vested and exercisable.

Documents

2 files