Ottawa Bancorp Inc 4
4 · Ottawa Bancorp Inc · Filed Oct 13, 2016
Insider Transaction Report
Form 4
Ferrero James
Director
Transactions
- Purchase
Common Stock
2016-10-11$10.00/sh+1,500$15,000→ 1,500 total(indirect: By Trust) - Purchase
Common Stock
2016-10-11$10.00/sh+3,000$30,000→ 3,000 total(indirect: By Trust) - Other
Common Stock
2016-10-11+23,460→ 23,460 total - Other
Common Stock
2016-10-11+596→ 596 total(indirect: By Spouse) - Purchase
Common Stock
2016-10-11$10.00/sh+1,500$15,000→ 1,500 total(indirect: By Trust) - Other
Stock Option (Right to Buy)
2016-10-11+6,498→ 6,498 totalExercise: $10.36From: 2007-11-21Exp: 2016-11-21→ Common 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.