Filing Details

Accession Number:
0000905729-16-000669
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-08-31 17:15:08
Reporting Period:
2016-08-30
Filing Date:
2016-08-31
Accepted Time:
2016-08-31 17:15:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1360683 Talmer Bancorp Inc. TLMR National Commercial Banks (6021) 611511150
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1598917 S. Bradley Adams 2301 West Big Beaver Rd
Suite 525
Troy MI 48084
Exec. Managing Dir - Corp Dev No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Disposition 2016-08-31 64,546 $23.41 28,500 No 4 S Direct
Class A Common Stock Disposition 2016-08-31 28,500 $0.00 0 No 4 D Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 D Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Stock Option (rights to buy) Disposition 2016-08-30 50,000 $0.00 50,000 $6.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2020-11-30 No 4 D Direct
Footnotes
  1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $23.39 to $23.54, inclusive on August 31, 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.
  2. Represents shares of unvested restricted stock of the issuer that were assumed by Chemical Financial Corporation ("Chemical") pursuant to an agreement and plan of merger between the issuer and Chemical, and replaced with 14,475 shares of restricted stock of Chemical.
  3. Represents options, which vested in equal installments on the first, second and third anniversaries of the grant date of November 30, 2010, that were disposed of pursuant to the issuer's tender offer for up to 25% of the issuer's outstanding stock options, pursuant to a Schedule TO filed by the issuer on July 19, 2016, at a price of $17.11 per option.