4//SEC Filing
Maass Brian W 4
Accession 0001519695-19-000124
CIK 0000019612other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 5:28 PM ET
Size
11.8 KB
Accession
0001519695-19-000124
Insider Transaction Report
Form 4
Maass Brian W
EVP, Deputy CFO, Treasurer
Transactions
- Award
Common Stock
2019-08-01+24,501→ 24,501 total - Award
Common Stock
2019-08-01+5,161.779→ 5,161.779 total(indirect: By KSOP as of 06/30/2019) - Award
Common Stock
2019-08-01+57,705→ 57,705 total - Award
Common Stock
2019-08-01+7,943.799→ 7,943.799 total(indirect: By Trust)
Footnotes (7)
- [F1]Reflects common shares and unvested restricted common shares of TCF Financial Corporation, a Michigan corporation ("new TCF", formerly known as Chemical Financial Corporation), received in exchange for 41,961 common shares and 71,610 unvested restricted common shares of TCF Financial Corporation, a Delaware corporation ("Legacy TCF"), at the effective time of the merger of Legacy TCF into new TCF (the "Merger"), pursuant to the agreement and plan of merger (the "Merger Agreement") between Legacy TCF and new TCF. Represents an exchange ratio of 0.5081 new TCF common shares per common share of Legacy TCF, with cash paid in lieu of fractional shares.
- [F2]Reflects service-based restricted stock units of new TCF received in exchange for 48,220 service-based restricted stock units of Legacy TCF, at the effective time of the Merger, pursuant to the Merger Agreement. Service-based restricted stock units of new TCF are convertible into shares of new TCF's common stock on a one-for-one basis on the applicable vesting dates, subject to certain exceptions. Represents an exchange ratio of 0.5081 new TCF common shares per common share of Legacy TCF rounded, as applicable, to the nearest whole share.
- [F3]The filing of this statement shall not be construed as an admission that the undersigned is, for the purpose of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of the securities.
- [F4]Received in exchange for 10,158.982 shares of Legacy TCF common stock, at the effective time of the Merger, pursuant to the Merger Agreement. Represents an exchange ratio of 0.5081 new TCF common shares per common share of Legacy TCF.
- [F5]Received in exchange for 15,634.322 shares of Legacy TCF common stock, at the effective time of the Merger, pursuant to the Merger Agreement. Represents an exchange ratio of 0.5081 new TCF common shares per common share of Legacy TCF.
- [F6]The shares noted are derivative securities based on the Reporting Person's benefits under a non-qualified plan.
- [F7]The closing price per common share of Legacy TCF on the day immediately preceding the effective date of the Merger (the last closing price available) was $21.38 per share, and the closing price per common share of new TCF on the effective date of the Merger was $41.18 per share.
Documents
Issuer
TCF FINANCIAL CORP
CIK 0000019612
Entity typeother
Related Parties
1- filerCIK 0001662250
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 5:28 PM ET
- Size
- 11.8 KB