4//SEC Filing
Mackay Timothy R. 4
Accession 0001737004-22-000003
CIK 0001412707other
Filed
Apr 5, 8:00 PM ET
Accepted
Apr 6, 10:05 AM ET
Size
15.9 KB
Accession
0001737004-22-000003
Insider Transaction Report
Form 4
Mackay Timothy R.
EVP, Consumer Banking Officer
Transactions
- Disposition to Issuer
Common Stock
2022-04-01−23,912→ 0 total - Disposition to Issuer
Option (Right to Buy)
2022-04-01−7,000→ 0 totalExercise: $13.50Exp: 2024-07-17→ Common Stock (7,000 underlying) - Disposition to Issuer
Option (Right to Buy)
2022-04-01−6,039→ 0 totalExercise: $20.75Exp: 2026-02-18→ Common Stock (6,039 underlying) - Disposition to Issuer
Option (Right to Buy)
2022-04-01−5,000→ 0 totalExercise: $24.80Exp: 2028-02-15→ Common Stock (5,000 underlying) - Disposition to Issuer
Option (Right to Buy)
2022-04-01−7,500→ 0 totalExercise: $10.58Exp: 2023-02-21→ Common Stock (7,500 underlying) - Disposition to Issuer
Option (Right to Buy)
2022-04-01−6,604→ 0 totalExercise: $17.15Exp: 2025-07-16→ Common Stock (6,604 underlying)
Footnotes (7)
- [F1]Pursuant to the Agreement and Plan of Merger, dated November 4, 2021 (the "Merger Agreement"), between First Merchants Corporation ("First Merchants") and Level One Bancorp, Inc. ("Level One"), each share of Level One common stock held by the reporting person was converted into the right to receive 0.7167 shares of First Merchants common stock and $10.17 in cash.
- [F2]These options vest in three equal annual installments beginning one year after the 2/21/2013 date of grant.
- [F3]Pursuant to the Merger Agreement, this option was converted into an option with respect to a number of shares of First Merchants common stock equal to the number of shares subject to such stock option, multiplied by the Option Conversion Ratio (as defined in the Merger Agreement).
- [F4]These options vest in three equal annual installments beginning one year after the 7/17/2014 date of grant.
- [F5]These options vest in three equal annual installments beginning one year after the 7/16/2015 date of grant.
- [F6]These options vest in three equal annual installments beginning one year after the 2/18/2016 date of grant.
- [F7]These options vest in three equal annual installments beginning one year after the 2/15/2018 date of grant.
Documents
Issuer
Level One Bancorp Inc
CIK 0001412707
Entity typeother
Related Parties
1- filerCIK 0001737004
Filing Metadata
- Form type
- 4
- Filed
- Apr 5, 8:00 PM ET
- Accepted
- Apr 6, 10:05 AM ET
- Size
- 15.9 KB