Filing Details
- Accession Number:
- 0001127602-19-009067
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-28 21:44:39
- Reporting Period:
- 2019-02-27
- Accepted Time:
- 2019-02-28 21:44:39
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 1139812 | Mb Financial Inc | MBFI | National Commercial Banks (6021) | 364460265 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1244438 | E Jill York | C/O Mb Financial, Inc. 6111 North River Road Rosemont IL 60018 | Vice President | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Stock | Acquisiton | 2019-02-27 | 7,783 | $45.58 | 72,391 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2019-02-27 | 3,502 | $45.58 | 68,889 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2019-02-28 | 10,000 | $45.65 | 58,889 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | F | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Performance Share Units | Disposition | 2019-02-27 | 7,783 | $0.00 | 7,783 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 648 | Indirect | By Deferred Comp Plan |
| Common Stock | 20 | Indirect | By Ira |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | $20.40 | 2013-08-29 | 2022-08-29 | 7,229 | 7,229 | Direct |
| Common Stock | Stock Option (Right to Buy) | $27.09 | 2014-08-28 | 2023-08-28 | 6,624 | 6,624 | Direct |
| Common Stock | Stock Option (Right to Buy) | $29.80 | 2015-02-26 | 2024-02-26 | 6,259 | 6,259 | Direct |
| Common Stock | Stock Option (Right to Buy) | $31.26 | 2016-02-25 | 2025-02-25 | 4,512 | 4,512 | Direct |
| Common Stock | Stock Option (Right to Buy) | $30.33 | 2017-02-24 | 2026-02-24 | 6,062 | 6,062 | Direct |
| Common Stock | Restricted Stock Units | $0.00 | 1,381 | 1,381 | Direct | ||
| Common Stock | Stock Option (Right to Buy) | $45.67 | 4,075 | 4,075 | Direct | ||
| Common Stock | Performance Share Units | $0.00 | 4,257 | 4,257 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 1,702 | 1,702 | Direct | ||
| Common Stock | Stock Option (Right to Buy) | $41.01 | 4,638 | 4,638 | Direct | ||
| Common Stock | Performance Share Units | $0.00 | 5,450 | 5,450 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 530 | 530 | Direct | ||
| Common Stock | Restricted Stock Units | $0.00 | 3,270 | 3,270 | Direct |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 2022-08-29 | 7,229 | 7,229 | Direct |
| 2023-08-28 | 6,624 | 6,624 | Direct |
| 2024-02-26 | 6,259 | 6,259 | Direct |
| 2025-02-25 | 4,512 | 4,512 | Direct |
| 2026-02-24 | 6,062 | 6,062 | Direct |
| 1,381 | 1,381 | Direct | |
| 4,075 | 4,075 | Direct | |
| 4,257 | 4,257 | Direct | |
| 1,702 | 1,702 | Direct | |
| 4,638 | 4,638 | Direct | |
| 5,450 | 5,450 | Direct | |
| 530 | 530 | Direct | |
| 3,270 | 3,270 | Direct |
Footnotes
- Transaction represents the settlement of performance share units ("PSUs"). These PSUs represented the right to receive a number of shares of the issuer's common stock, ranging from 25% to 175% of a target number of 6,905 shares (which was the number of PSUs previously reported as having been awarded to the reporting person) depending on the level of achievement relative to a specified performance goal (total shareholder return relative to a comparison group) during the performance period. Based on the actual level of achievement during the performance period, the reporting person vested in 7,783 PSUs, representing 112.72% of the target number of PSUs, for which the reporting person became entitled to 7,783 shares of the issuer's common stock.
- Transaction represents withholding of shares to satisfy tax withholding obligation in connection with the vesting and settlement of PSUs as described in footnote 1.
- Represents approximate equivalent number of shares of the Issuer's common stock held in the reporting person's account under the Issuer's Stock Deferred Compensation Plan, based on the most recent plan account statement. The approximate equivalent number of shares is equal to the dollar value of the reporting person's plan account divided by the closing price of the Issuer's common stock. As a result, the equivalent number of shares will fluctuate with changes in the market price of the Issuer's common stock.
- Performance based vesting
- Grant to reporting person of option to purchase shares of common stock under Issuer's Amended and Restated Omnibus Incentive Plan. The option vests ratably over 4 years (25% per year).
- Option to purchase shares of common stock granted to the reporting person under Issuer's Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning on February 25, 2016).
- Option to purchase shares of common stock granted to reporting person under Issuer's Amended and Restated Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning February 24, 2017).
- Restricted Stock Units granted to the reporting person under the Issuer's Amended and Restated Omnibus Incentive Plan equal to the same amount of shares of common stock. The remaining restricted stock units are scheduled to vest on February 24, 2020.
- Option to purchase shares of common stock granted to reporting person under Issuer's Amended and Restated Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning February 22, 2018).
- Restricted Stock Units granted to the reporting person under the Issuer's Amended and Restated Omnibus Incentive Plan equal to the same amount of shares of common stock. The remaining restricted stock units are scheduled to vest in one-half annual increments beginning February 22, 2020.
- Option to purchase shares of common stock granted to reporting person under Issuer's Amended and Restated Omnibus Incentive Plan. The option vests annually over 4 years (25% per year beginning February 28, 2019).
- Restricted Stock Units granted to the reporting person under the Issuer's Amended and Restated Omnibus Incentive Plan equal to the same amount of shares of common stock. The remaining restricted stock units are scheduled to vest on February 28, 2020.
- Restricted Stock Units granted to the reporting person under the Issuer's Amended and Restated Omnibus Incentive Plan equal to the same amount of shares of common stock. The remaining restricted stock units are scheduled to vest in one-third annual increments beginning February 28, 2020.
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