4//SEC Filing
Grandstrand Karen L 4
Accession 0001519695-19-000125
CIK 0000019612other
Filed
Aug 4, 8:00 PM ET
Accepted
Aug 5, 5:29 PM ET
Size
5.8 KB
Accession
0001519695-19-000125
Insider Transaction Report
Form 4
Grandstrand Karen L
Director
Transactions
- Award
Common Stock
2019-08-01+40,397.933→ 40,397.933 total(indirect: Deferred Compensation Plan)
Footnotes (3)
- [F1]Reflects common shares of TCF Financial Corporation, a Michigan corporation ("new TCF", formerly known as Chemical Financial Corporation), received in exchange for 79,507.8387 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. 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.
- [F2]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.
- [F3]The shares noted are derivative securities based on the Reporting Person's benefits under a non-qualified plan.
Documents
Issuer
TCF FINANCIAL CORP
CIK 0000019612
Entity typeother
Related Parties
1- filerCIK 0001503743
Filing Metadata
- Form type
- 4
- Filed
- Aug 4, 8:00 PM ET
- Accepted
- Aug 5, 5:29 PM ET
- Size
- 5.8 KB