Filing Details

Accession Number:
0000905729-16-000704
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-09-02 15:19:50
Reporting Period:
2016-08-31
Filing Date:
2016-09-02
Accepted Time:
2016-09-02 15:19:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
19612 Chemical Financial Corp CHFC State Commercial Banks (6022) 382022454
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1216317 A Arthur Weiss 235 East Main Street
Midland MI 48640
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
Common Stock Acquisiton 2016-08-31 81,835 $0.00 81,835 No 4 A Direct
Common Stock Disposition 2016-09-01 33,422 $45.13 48,413 No 4 S Direct
Common Stock Disposition 2016-09-01 4,480 $46.06 43,933 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
No 4 S Direct
Footnotes
  1. Received in exchange for 173,197 shares of Talmer Bancorp, Inc. ("Talmer") Class A common stock in connection with the merger of Talmer with and into Chemical Financial Corporation ("Chemical"). The exchange ratio in the merger was 0.4725 Chemical shares and $1.61 in cash for each share of Talmer's Class A common stock. On the effective date of the merger, the closing price of Talmer's Class A common stock was $23.26 per share, and the closing price of Chemical's common stock was $46.23 per share.
  2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45.00 to $45.98, inclusive on September 1, 2016. The reporting person undertakes to provide to Chemical Financial Corporation, any security holder of Chemical Financial Corporation, 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.
  3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $46.00 to $46.115, inclusive on September 1, 2016. The reporting person undertakes to provide to Chemical Financial Corporation, any security holder of Chemical Financial Corporation, 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.