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
  1. 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.
  2. 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.
  3. 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.