TALMER BANCORP, INC. 4
4 · TALMER BANCORP, INC. · Filed Aug 25, 2016
Insider Transaction Report
Form 4
Transactions
- Sale
Class A Common Stock
2016-08-23$23.27/sh−4,630$107,761→ 24,000 total - Exercise/Conversion
Class A Common Stock
2016-08-23$7.25/sh+30,000$217,500→ 54,000 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-08-23−20,000→ 80,000 totalExercise: $8.25From: 2013-03-19Exp: 2023-03-19→ Class A Common Stock (20,000 underlying) - Exercise/Conversion
Class A Common Stock
2016-08-23$8.25/sh+20,000$165,000→ 74,000 total - Tax Payment
Class A Common Stock
2016-08-23$23.25/sh−28,085$652,976→ 45,915 total - Exercise/Conversion
Employee Stock Option (right to buy)
2016-08-23−30,000→ 0 totalExercise: $7.25Exp: 2021-12-13→ Class A Common Stock (30,000 underlying)
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.25 to $23.29, inclusive on August 23, 2016. The reporting person undertakes to provide to Talmer Bancorp, Inc., any security holder of Talmer Bancorp, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the numbers of shares sold at each separate price within the ranges set forth in this Form 4.
- [F2]The option was exercisable in three equal annual installments on December 13, 2012, December 13, 2013, and December 13, 2014.
- [F3]The option was immediately exercisable on the grant date of March 19, 2013.