Filing Details
- Accession Number:
- 0000905729-16-000679
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-08-31 17:18:56
- Reporting Period:
- 2015-02-05
- Filing Date:
- 2016-08-31
- Accepted Time:
- 2016-08-31 17:18:56
- 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 |
---|---|---|---|---|---|---|---|
1598926 | W. Albert Papa | 2301 West Big Beaver Rd Suite 525 Troy MI 48084 | Yes | No | 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 | 2015-02-05 | 14,138 | $13.83 | 28,800 | No | 4 | S | Direct | |
Class A Common Stock | Disposition | 2016-08-31 | 28,800 | $0.00 | 0 | No | 4 | D | Direct | |
Class A Common Stock | Disposition | 2016-08-31 | 104,458 | $0.00 | 0 | No | 4 | D | Indirect | By Papa Family Investments, LLC |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | D | Direct | |
No | 4 | D | Indirect | By Papa Family Investments, LLC |
Footnotes
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.73 to $13.97, inclusive on February 2, 2015. 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.
- Disposed of pursuant to an agreement and plan of merger between the issuer and Chemical Financial Corporation ("Chemical") in exchange for total cash consideration of approximately $46,368 and total stock consideration of 13,608 shares of Chemical common stock having a market value of $46.22 per share on the effective date of the merger, which represents an exchange ratio of 0.4725 Chemical shares and $1.61 in cash per share of the issuer's Class A common stock.
- Disposed of pursuant to an agreement and plan of merger between the issuer and Chemical in exchange for total cash consideration of approximately $168,177 and total stock consideration of 49,356 shares of Chemical common stock having a market value of $46.22 per share on the effective date of the merger, which represents an exchange ratio of 0.4725 Chemical shares and $1.61 in cash per share of the issuer's Class A common stock.