4//SEC Filing
Ottawa Bancorp Inc 4
Accession 0001225208-16-040487
CIK 0001675192operating
Filed
Oct 12, 8:00 PM ET
Accepted
Oct 13, 3:33 PM ET
Size
14.5 KB
Accession
0001225208-16-040487
Insider Transaction Report
Form 4
Stoudt Mark
Chief Lending Officer
Transactions
- Other
Common Stock
2016-10-11+115→ 3,615 total(indirect: By 401(k)) - Other
Common Stock
2016-10-11+1,285→ 1,285 total - Other
Common Stock
2016-10-11+3,999→ 3,999 total(indirect: By ESOP) - Other
Stock Option (Right to Buy)
2016-10-11$8.31/sh+6,498$53,998→ 6,498 totalExercise: $8.31From: 2008-12-15Exp: 2018-12-15→ Common Stock (6,498 underlying) - Purchase
Common Stock
2016-10-11$10.00/sh+3,500$35,000→ 3,500 total(indirect: By 401(k))
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
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
- 14.5 KB