Ottawa Bancorp Inc 4
4 · Ottawa Bancorp Inc · Filed Oct 13, 2016
Insider Transaction Report
Form 4
Transactions
- Purchase
Common Stock
2016-10-11$10.00/sh+2,200$22,000→ 2,200 total(indirect: By 401(k)) - Other
Common Stock
2016-10-11+1,668→ 1,668 total(indirect: By IRA) - Other
Common Stock
2016-10-11+119→ 119 total(indirect: By Spouse) - Other
Common Stock
2016-10-11+6,716→ 6,716 total - Other
Common Stock
2016-10-11+3,124→ 3,124 total(indirect: By ESOP) - Other
Stock Option (Right to Buy)
2016-10-11+15,596→ 15,596 totalExercise: $3.57From: 2011-11-19Exp: 2021-11-16→ Common Stock (15,596 underlying) - Purchase
Common Stock
2016-10-11$10.00/sh+600$6,000→ 7,316 total - Purchase
Common Stock
2016-10-11$10.00/sh+200$2,000→ 200 total(indirect: By Son)
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.