0001736594-22-000008.txt : 20220405 0001736594-22-000008.hdr.sgml : 20220405 20220405195025 ACCESSION NUMBER: 0001736594-22-000008 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20220401 FILED AS OF DATE: 20220405 DATE AS OF CHANGE: 20220405 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Scurlock Eva A. CENTRAL INDEX KEY: 0001736594 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38458 FILM NUMBER: 22809020 MAIL ADDRESS: STREET 1: 32991 HAMILTON COURT CITY: FARMINGTON HILLS STATE: MI ZIP: 48334 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Level One Bancorp Inc CENTRAL INDEX KEY: 0001412707 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 711015624 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 32991 HAMILTON COURT CITY: Farmington Hills STATE: MI ZIP: 48334 BUSINESS PHONE: 248-737-0300 MAIL ADDRESS: STREET 1: 32991 HAMILTON COURT CITY: Farmington Hills STATE: MI ZIP: 48334 4 1 wf-form4_164920260069450.xml FORM 4 X0306 4 2022-04-01 1 0001412707 Level One Bancorp Inc LEVL 0001736594 Scurlock Eva A. 32991 HAMILTON COURT FARMINGTON HILLS MI 48334 0 1 0 0 EVP, Risk Management Officer Common Stock 2022-04-01 4 D 0 14312 D 0 D Option (Right to Buy) 10.82 2022-04-01 4 D 0 3000 D 2023-05-16 Common Stock 3000.0 0 D Option (Right to Buy) 13.5 2022-04-01 4 D 0 6500 D 2024-07-17 Common Stock 6500.0 0 D Option (Right to Buy) 17.15 2022-04-01 4 D 0 6500 D 2025-07-16 Common Stock 6500.0 0 D Option (Right to Buy) 20.75 2022-04-01 4 D 0 7000 D 2026-02-18 Common Stock 7000.0 0 D Option (Right to Buy) 24.8 2022-04-01 4 D 0 5000 D 2028-02-15 Common Stock 5000.0 0 D Pursuant to the Agreement and Plan of Merger, dated November 4, 2021 (the "Merger Agreement"), between First Merchants Corporation ("First Merchants") and Level One Bancorp, Inc. ("Level One"), each share of Level One common stock held by the reporting person was converted into the right to receive 0.7167 shares of First Merchants common stock and $10.17 in cash. These options vest in three equal annual installments beginning one year after the 5/16/2013 date of grant. Pursuant to the Merger Agreement, this option was converted into an option with respect to a number of shares of First Merchants common stock equal to the number of shares subject to such stock option, multiplied by the Option Conversion Ratio (as defined in the Merger Agreement). These options vest in three equal annual installments beginning one year after the 7/17/2014 date of grant. These options vest in three equal annual installments beginning one year after the 7/16/2015 date of grant. These options vest in three equal annual installments beginning one year after the 2/18/2016 date of grant. These options vest in three equal annual installments beginning one year after the 2/15/2018 date of grant. /s/ David C. Walker, attorney-in-fact 2022-04-05