Richard L. Postma - 01 Aug 2024 Form 4 Insider Report for MACATAWA BANK CORP

Reporting relationship: Director
Issuer ticker: N/A
Reported as of: 01 Aug 2024
Net transaction value: $0
SEC form: 4
Accepted by SEC: 02 Aug 2024, 08:39:14 UTC
Next SEC filing: 03 Sep 2024
Source filing: View source filing
Reporting owner signature: /s/ G. Charles Goode, By Power of Attorney

Key filing fact

Richard L. Postma filed Form 4 for MACATAWA BANK CORP on 02 Aug 2024.

Key facts

This page summarizes Richard L. Postma's Form 4 filing for MACATAWA BANK CORP.
1 reported transaction and 0 derivative rows are listed below.
Accepted by SEC: 02 Aug 2024, 08:39.

Change

No earlier filing in this sequence is available for direct comparison.
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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MCBC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -1,559,639
Change %: -100%
Price
Shares after: 0
Date: 01 Aug 2024
Ownership: Direct
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Richard L. Postma is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 1 footnote

Footnote F1

On August 1, 2024, Wintrust Financial Corporation ("Wintrust") acquired the Issuer pursuant to an Agreement and Plan of Merger, dated as of April 15, 2024 (the "Merger Agreement"), by and among the Issuer, Wintrust and Leo Subsidiary LLC, a Michigan limited liability company and wholly owned subsidiary of Wintrust ("Merger Sub"). In accordance with the Merger Agreement, Merger Sub merged with and into the Issuer (the "Merger") with Merger Sub surviving the Merger as a wholly owned subsidiary of Wintrust. At the Effective Time (as defined in the Merger Agreement), each issued and outstanding share of Issuer common stock, no par value automatically converted into the right to receive 0.137 shares of Wintrust common stock, no par value (the "Merger Consideration"). All restricted stock awarded under the Issuer's Stock Incentive Plan of 2015 vested immediately prior to the Effective Time and converted into the right to receive the Merger Consideration.