Home/Filings/4/0001225208-16-040482
4//SEC Filing

Ottawa Bancorp Inc 4

Accession 0001225208-16-040482

CIK 0001675192operating

Filed

Oct 12, 8:00 PM ET

Accepted

Oct 13, 3:33 PM ET

Size

16.0 KB

Accession

0001225208-16-040482

Insider Transaction Report

Form 4
Period: 2016-10-11
Transactions
  • Purchase

    Common Stock

    2016-10-11$10.00/sh+1,500$15,0001,500 total(indirect: By Trust)
  • Purchase

    Common Stock

    2016-10-11$10.00/sh+3,000$30,0003,000 total(indirect: By Trust)
  • Other

    Common Stock

    2016-10-11+23,46023,460 total
  • Other

    Common Stock

    2016-10-11+596596 total(indirect: By Spouse)
  • Purchase

    Common Stock

    2016-10-11$10.00/sh+1,500$15,0001,500 total(indirect: By Trust)
  • Other

    Stock Option (Right to Buy)

    2016-10-11+6,4986,498 total
    Exercise: $10.36From: 2007-11-21Exp: 2016-11-21Common Stock (6,498 underlying)
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.

Issuer

Ottawa Bancorp Inc

CIK 0001675192

Entity typeoperating

Related Parties

1
  • filerCIK 0001675192

Filing Metadata

Form type
4
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 3:33 PM ET
Size
16.0 KB