4//SEC Filing
BAYLAKE CORP 4
Accession 0001437749-14-017849
CIK 0000275119operating
Filed
Oct 1, 8:00 PM ET
Accepted
Oct 2, 12:56 PM ET
Size
17.9 KB
Accession
0001437749-14-017849
Insider Transaction Report
Form 4
BAYLAKE CORPBYLK
ROSENGARTEN TERESA A
Executive Vice President
Transactions
- Conversion
10% Convertible Promissory Notes due 2017
2014-10-01Exercise: $5.00Exp: 2017-06-30→ Common Stock (5,000 underlying) - Conversion
Common Stock
2014-10-01$5.00/sh+5,000$25,000→ 18,842 total
Holdings
- 3,410
Restricted Stock Units
- 1,338
Restricted Stock Units
- 9,488
Stock Options
Exercise: $4.15Exp: 2021-03-15→ Common Stock (9,488 underlying) - 5,233
Stock Options
Exercise: $9.50Exp: 2023-03-19→ Common Stock (5,233 underlying) - 681.476(indirect: By ESPP)
Common Stock
- 3,795
Restricted Stock Units
- 5,692
Restricted Stock Units
- 9,488
Stock Options
Exercise: $6.20Exp: 2022-04-01→ Common Stock (9,488 underlying) - 5,706
Stock Options
Exercise: $13.90Exp: 2024-03-18→ Common Stock (5,706 underlying)
Footnotes (11)
- [F1]The convertible promissory note is convertible into shares of common stock at a conversion ratio of one share of common stock for each $5.00 in aggregate principal amount held on the record date of the conversion, subject to adjustment for stock dividends, stock-splits, repurchases or reclassifications, as described in the security.
- [F10]The aggregate stock options were granted on 3/19/2013 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
- [F11]The aggregate stock options were granted on 3/18/2014 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
- [F2]The holder of the convertible promissory note may, at the option of the holder, convert up to the full principal amount of the convertible promissory notes into shares of common stock at any time prior to redemption or maturity. On October 1, 2014, up to one-half of the original principal amount of the convertible promissory note will automatically convert into shares of common stock.
- [F3]June 30, 2017, is the stated maturity date of the convertible promissory notes.
- [F4]The aggregate restricted stock units were granted on 3/15/2011 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- [F5]The aggregate restricted stock units were granted on 4/1/2012 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- [F6]The aggregate restricted stock units were granted on 3/19/2013 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- [F7]The aggregate restricted stock units were granted on 3/18/2014 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder.
- [F8]The aggregate stock options were granted on 3/15/2011 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
- [F9]The aggregate stock options were granted on 4/1/2012 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the stock options are convertible into shares of common stock at the discretion of the holder.
Documents
Issuer
BAYLAKE CORP
CIK 0000275119
Entity typeoperating
IncorporatedWI
Related Parties
1- filerCIK 0000275119
Filing Metadata
- Form type
- 4
- Filed
- Oct 1, 8:00 PM ET
- Accepted
- Oct 2, 12:56 PM ET
- Size
- 17.9 KB