SKIBSKI JOHN L (Executive VP & CFO) reported 2 transactions at MBT FINANCIAL CORP
Review the transaction codes below to understand the nature of each event.
Filed: 9/4/2019ACC: 0001437749-19-017860
DirectorOfficer· Executive VP & CFO
Since Dec 2018
-99.91K
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
5
Total transactions
99.91K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
−78.61K
Price / share
—
Trade value
—
% of position
New position
9/1/2019
78.61K→0.00
Common Stock
Indirect
Shares
−4K
Price / share
—
Trade value
—
% of position
New position
9/1/2019
4K→0.00
Total
Net shares
−82.61K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 9/1/2019 | D · Disposition | −78.61K | — | — | New position | 78.61K | 0.00 |
| Common Stock Indirect | 9/1/2019 | D · Disposition | −4K | — | — | New position | 4K | 0.00 |
| Total | −82.61K | $0.00 | ||||||
Derivative Transactions3
Stock Only Stock Appreciation Rights
Direct
Converts to
Common Stock
5K shares
Shares
−5K
Strike price
4.90
Held after
0.00
Exercisable
—
9/1/2019
Stock Only Stock Appreciation Rights
Direct
Converts to
Common Stock
7.30K shares
Shares
−7.30K
Strike price
5.79
Held after
0.00
Exercisable
—
9/1/2019
Stock Only Stock Appreciation Rights
Direct
Converts to
Common Stock
5K shares
Shares
−5K
Strike price
8.26
Held after
0.00
Exercisable
—
9/1/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Only Stock Appreciation Rights Direct | Common Stock5K shares | 9/1/2019 | D · Disposition | −5K | 4.90 | — | 0.00 |
| Stock Only Stock Appreciation Rights Direct | Common Stock7.30K shares | 9/1/2019 | D · Disposition | −7.30K | 5.79 | — | 0.00 |
| Stock Only Stock Appreciation Rights Direct | Common Stock5K shares | 9/1/2019 | D · Disposition | −5K | 8.26 | — | 0.00 |