0001225208-16-040483.txt : 20161013
0001225208-16-040483.hdr.sgml : 20161013
20161013153332
ACCESSION NUMBER: 0001225208-16-040483
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20161011
FILED AS OF DATE: 20161013
DATE AS OF CHANGE: 20161013
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Ottawa Bancorp Inc
CENTRAL INDEX KEY: 0001675192
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 000000000
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 925 LASALLE STREET
CITY: OTTAWA
STATE: IL
ZIP: 61350
BUSINESS PHONE: 815-433-2525
MAIL ADDRESS:
STREET 1: 925 LASALLE STREET
CITY: OTTAWA
STATE: IL
ZIP: 61350
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Johnson Keith
CENTRAL INDEX KEY: 0001326966
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37914
FILM NUMBER: 161934954
MAIL ADDRESS:
STREET 1: 925 LASALLE STREET
STREET 2: C/O OTTAWA SAVINGS BANK
CITY: OTTAWA
STATE: IL
ZIP: 61350
4
1
doc4.xml
X0306
4
2016-10-11
0001675192
Ottawa Bancorp Inc
OTTW
0001326966
Johnson Keith
925 LASALLE STREET
OTTAWA
IL
61350
1
Common Stock
2016-10-11
4
J
0
22864.0000
0.0000
A
22864.0000
D
Stock Option (Right to Buy)
10.3600
2016-10-11
4
J
0
6498.0000
0.0000
A
2007-11-21
2016-11-21
Common Stock
6498.0000
6498.0000
D
Pursuant to the Plan of Conversion and Reorganization, each share of Ottawa Savings Bancorp, Inc. common stock was exchanged for 1.1921 shares of Ottawa Bancorp, Inc. common stock, rounded down to the nearest whole share.
Pursuant to the Plan of Conversion and Reorganization, each option to purchase a share of Ottawa Savings Bancorp, Inc. was converted into an option to purchase 1.1921 shares of Ottawa Bancorp, Inc. common stock, rounded down to the nearest whole share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 1.1921 exchange ratio, with such quotient rounded to the nearest whole cent. All such options continue to vest according to their original terms.
Options are fully vested and exercisable.
johnson-poa.txt
/s/ Edward G. Olifer, Power of Attorney
2016-10-13
EX-24
2
johnson-poa.txt
POWER OF ATTORNEY
I, Keith Johnson, Director of Ottawa Bancorp, Inc.
(the "Corporation"), hereby authorize and designate Jon Kranov,
Marc N. Kingry, or any partner of the law firm of Kilpatrick
Townsend & Stockton LLP as my agent and attorney-in-fact, with
full power of substitution, to:
(1) prepare and sign on my behalf any Form 3, Form 4 or Form 5
under Section 16 of the Securities Exchange Act of 1934 with respect to the
Corporation's securities and file the same with the Securities and
Exchange Commission and each stock exchange on which the Corporation's stock
is listed;
(2) prepare and sign on my behalf any Form 144 Notice under
the Securities Act of 1933 with respect to a sale by me or on my behalf of
the Corporation's securities and file the same with the Securities
and Exchange Commission; and
(3) take any other action of any type whatsoever in connection with
the foregoing which, in the opinion of such attorney-in-fact, may be of benefit
to, in the best interest of, or legally required by, the undersigned, it
being understood that the documents executed by such attorney-in-fact on
behalf of the undersigned pursuant to this Power of Attorney shall be in
such form and shall contain such terms and conditions as such
attorney-in-fact may approve in such attorney-in-fact's discretion.
The undersigned hereby grants to each such attorney-in-fact full
power and authority to do and perform any and every act and thing whatsoever
requisite, necessary or proper to be done in the exercise of any of the
rights and powers herein granted, as fully to all intents and purposes as
the undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorney-in-fact, in serving in such capacity at the request
of the undersigned, are not assuming, nor is the Corporation assuming,
any of the undersigned's responsibilities to comply with Section 16 of
the Securities Exchange Act of 1934.
This Power of Attorney shall remain in effect until the undersigned
is no longer required to file Forms 3, 4 and 5 with respect to the
undersigned's holdings of and transactions in securities issued by
the Corporation, unless earlier revoked by the undersigned in a signed
and dated writing delivered to each of the foregoing attorneys-in-fact.
Dated: October 11, 2016 /s/ Keith Johnson