0000950103-17-005693.txt : 20170612
0000950103-17-005693.hdr.sgml : 20170612
20170612194129
ACCESSION NUMBER: 0000950103-17-005693
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170609
FILED AS OF DATE: 20170612
DATE AS OF CHANGE: 20170612
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: TIAA FSB Holdings, Inc.
CENTRAL INDEX KEY: 0001502749
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035]
IRS NUMBER: 900615674
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 501 RIVERSIDE AVENUE, 12TH FLOOR
CITY: JACKSONVILLE
STATE: FL
ZIP: 32202
BUSINESS PHONE: (904) 281-6000
MAIL ADDRESS:
STREET 1: 501 RIVERSIDE AVENUE, 12TH FLOOR
CITY: JACKSONVILLE
STATE: FL
ZIP: 32202
FORMER COMPANY:
FORMER CONFORMED NAME: EverBank Financial Corp
DATE OF NAME CHANGE: 20101004
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Surface John S
CENTRAL INDEX KEY: 0001546536
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-35533
FILM NUMBER: 17907749
MAIL ADDRESS:
STREET 1: C/O EVERBANK FINANCIAL CORP
STREET 2: 501 RIVERSIDE AVENUE
CITY: JACKSONVILLE
STATE: FL
ZIP: 32202
4
1
dp77237_4-surface.xml
FORM 4
X0306
4
2017-06-09
1
0001502749
TIAA FSB Holdings, Inc.
EVER
0001546536
Surface John S
501 RIVERSIDE AVENUE
JACKSONVILLE
FL
32202
0
1
0
0
EVP
Common Stock, par value $0.01 per share
2017-06-09
4
D
0
11830
19.5
D
0
D
Common Stock, par value $0.01 per share
2017-06-09
4
D
0
19257
19.5
D
0
I
Held through the reporting person's relationship with Surface Investment Partnership, Ltd.
Performance-Based Restricted Common Stock Unit
0
2017-06-09
4
D
0
8840
D
Common Stock, par value $0.01 per share
8840
0
D
Restricted Common Stock Unit
0
2017-06-09
4
D
0
10769
D
Common Stock, par value $0.01 per share
10769
0
D
Restricted Common Stock Unit
0
2017-06-09
4
D
0
13260
D
Common Stock, par value $0.01 per share
13260
0
D
Employee Stock Option (right to buy)
18.60
2017-06-09
4
D
0
28360
D
2017-03-07
2024-03-07
Common Stock, par value $0.01 per share
28360
0
D
Employee Stock Option (right to buy)
18.08
2017-06-09
4
D
0
32552
D
2025-03-09
Common Stock, par value $0.01 per share
32552
0
D
Pursuant to the Agreement and Plan of Merger, dated as of August 7, 2016 (the "Merger Agreement"), by and among Teachers Insurance and Annuity Association of America, a New York stock life insurance company ("TIAA"), TIAA FSB Holdings, Inc. (formerly known as EverBank Financial Corp), a Delaware corporation (the "Company"), TCT Holdings, Inc., a Delaware corporation and wholly owned subsidiary of TIAA ("TCT Holdings"), and Dolphin Sub Corporation, a Delaware corporation and wholly owned subsidiary of TCT Holdings ("Merger Sub"), at the effective time ("Effective Time") of the merger of Merger Sub with and into the Company, with the Company as the surviving entity and a wholly owned subsidiary of TIAA (the "Merger"), each share of the Company's common stock, par value $0.01 per share (the "Company Common Stock") owned by the reporting person was converted into the right to receive $19.50 in cash without interest (the "Merger Consideration").
8,840 restricted common stock units of the Company that are subject to performance-based vesting conditions (each, a "Company PBRSU"), which would have vested on March 29, 2018 and March 29, 2019, were cancelled in connection with the Merger in exchange for a cash payment pursuant to the Merger Agreement.
Pursuant to the Merger Agreement, at the Effective Time, each outstanding Company PBRSU granted by the Company became fully vested and was converted automatically into the right to receive an amount in cash without interest equal to the product of (x) the number of shares of Company Common Stock subject to such unit based on target performance, multiplied by (y) the Merger Consideration.
10,769 units of the Company's restricted common stock unit subject only to service-based vesting conditions (each, a "Company RSU"), which would have vested on March 9, 2018, were canceled in connection with the Merger in exchange for a cash payment pursuant to the Merger Agreement.
Pursuant to the Merger Agreement, at the Effective Time, each outstanding Company RSU granted by the Company became fully vested and was converted automatically into the right to receive an amount in cash without interest equal to the product of (x) the number of shares of Company Common Stock subject to such unit, multiplied by (y) the Merger Consideration.
13,260 Company RSUs, which would have vested on March 29, 2019, were canceled in connection with the Merger in exchange for a cash payment pursuant to the Merger Agreement.
Pursuant to the Merger Agreement, at the Effective Time, each outstanding employee stock option granted by the Company to purchase shares of Company Common Stock under the Company's stock plans (each, a "Company Stock Option") became fully vested and was converted automatically into the right to receive an amount in cash without interest equal to the product of (x) the number of shares of Company Common Stock subject to such option, multiplied by (y) the excess, if any, of the Merger Consideration over the exercise price per share of such option.
32,552 Company Stock Options, which would have vested on March 9, 2018, were canceled in connection with the Merger in exchange for a cash payment pursuant to the Merger Agreement.
/s/ Mark Baum, as Attorney-in-Fact
2017-06-12