Key facts
- This page summarizes Brian W. Maass's Form 4 filing for TCF FINANCIAL CORP.
- 4 reported transactions and 0 derivative rows are listed below.
- Accepted by SEC: 09 Jun 2021, 19:32.
Brian W. Maass - 09 Jun 2021 Form 4 Insider Report for TCF FINANCIAL CORP
- Reporting relationship
- EVP, CFO
- Issuer ticker
- N/A
- Reported as of
- 09 Jun 2021
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 09 Jun 2021, 19:32:00 UTC
- Prior SEC filing
- 10 May 2021
- Next SEC filing
- 26 Jan 2024
- Source filing
- View source filing
- Reporting owner signature
- Brian Maass by POA Kirk D. Johnson
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Brian W. Maass filed Form 4 for TCF FINANCIAL CORP on 09 Jun 2021.
Change
- Previous filing in this sequence was filed on 10 May 2021.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
TCF
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +19,226
- Change %
- +27%
- Price
- $0.000000
- Shares after
- 91,047
- Date
- 09 Jun 2021
- Ownership
- Direct
- Footnotes
- F1, F2
TCF
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -91,047
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Jun 2021
- Ownership
- Direct
- Footnotes
- F3, F4, F5
TCF
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -5,530
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Jun 2021
- Ownership
- By KSOP
- Footnotes
- F4, F6, F7
TCF
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -9,120
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Jun 2021
- Ownership
- By SERP Trust
- Footnotes
- F4, F6, F7, F8
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Brian W. Maass is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 8 footnotes
Footnote F1
Reflects the conversion of performance-based restricted stock units into service-based restricted stock units, as contemplated by the agreement and plan of merger, dated as of December 13, 2020 (the "Merger Agreement") between the issuer and Huntington Bancshares Incorporated, a Maryland corporation ("Huntington"), pursuant to which the issuer will merge with and into Huntington (the "Merger"). The units are convertible into shares of the issuer's common stock on a one-for-one basis on the applicable vesting dates, subject to certain exceptions. The Merger closed on June 9, 2021. On June 8, 2021, the closing price of the issuer was $45.18, and the closing price of Huntington was $15.21.
Footnote F2
Reflects a reduction of 1,228 shares due to the elimination of DEUs that had been erroneously attributed to the reporting person.
Footnote F3
Includes 81,143 service-based restricted stock units and accrued dividend equivalent units of the issuer (the "Issuer RSUs").
Footnote F4
Pursuant to the terms of the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of issuer common stock issued and outstanding immediately prior to the Effective Time (other than certain excluded shares) converted into the right to receive 3.0028 shares of Huntington common stock (the "Exchange Ratio"). All fractional share holdings were paid in cash.
Footnote F5
The Issuer RSUs held by the reporting person were convertible into shares of the issuer's common stock on a one-for-one basis. Pursuant to the terms of the Merger Agreement, these Issuer RSUs were assumed by Huntington and converted into a restricted stock unit award of Huntington with the same terms and conditions as were applicable under such Issuer RSU award immediately prior to the Effective Time (including vesting terms) and relating to the number of shares of Huntington common stock equal to the product of (A) the number of shares of issuer common stock subject to such Issuer RSUs immediately prior to the Effective Time, multiplied by (B) the Exchange Ratio, with any fractional shares rounded to the nearest whole share of Huntington common stock.
Footnote F6
The filing of this statement shall not be construed as an admission that the undersigned is, for the purpose of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of the securities.
Footnote F7
As of 6/8/2021.
Footnote F8
The shares noted are derivative securities based on the Reporting Person's benefits under a non-qualified plan.