0000905729-14-000072.txt : 20140220
0000905729-14-000072.hdr.sgml : 20140220
20140220153516
ACCESSION NUMBER: 0000905729-14-000072
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140218
FILED AS OF DATE: 20140220
DATE AS OF CHANGE: 20140220
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: CHEMICAL FINANCIAL CORP
CENTRAL INDEX KEY: 0000019612
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 382022454
STATE OF INCORPORATION: MI
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 235 E MAIN ST
CITY: MIDLAND
STATE: MI
ZIP: 48640
BUSINESS PHONE: 989-839-5350
MAIL ADDRESS:
STREET 1: 235 E MAIN ST
CITY: MIDLAND
STATE: MI
ZIP: 48640
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: GWIZDALA LORI A
CENTRAL INDEX KEY: 0001213674
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-08185
FILM NUMBER: 14629384
MAIL ADDRESS:
STREET 1: 235 E. MAIN STREET
CITY: MIDLAND
STATE: MI
ZIP: 48640
4
1
gwizdala4_022014.xml
OWNERSHIP DOCUMENT
X0306
4
2014-02-18
0
0000019612
CHEMICAL FINANCIAL CORP
(CHFC)
0001213674
GWIZDALA LORI A
235 E. MAIN STREET
MIDLAND
MI
48640
0
1
0
0
Exec. V.P., CFO & Treasurer
Common Stock
2014-02-18
4
C
0
5530
0
A
37945
D
Common Stock
2014-02-18
4
F
0
2190
29.45
D
35755
D
Common Stock
650
I
By husband in trust
Stock Options
29.45
2014-02-18
4
A
0
1299
0
A
2015-02-18
2024-02-19
Common Stock
1299
1299
D
Stock Options
29.45
2014-02-18
4
A
0
1299
0
A
2016-02-18
2024-02-19
Common Stock
1299
1299
D
Stock Options
29.45
2014-02-18
4
A
0
1298
0
A
2017-02-18
2024-02-19
Common Stock
1298
1298
D
Stock Options
29.45
2014-02-18
4
A
0
1298
0
A
2018-02-18
2024-02-19
Common Stock
1298
1298
D
Stock Options
29.45
2014-02-18
4
A
0
1298
0
A
2019-02-18
2024-02-19
Common Stock
1298
1298
D
Restricted Stock Units
2014-02-18
4
A
0
4250
0
A
Common Stock
4250
4250
D
Restricted Stock Units
2014-02-18
4
A
0
708
0
A
Common Stock
708
708
D
Restricted Stock Units
2014-02-18
4
C
0
4706
0
D
Common Stock
4706
0
D
Restricted stock units converted into shares of common stock upon the attainment by the Company of certain financial performance criteria upon completion of the year ended December 31, 2013 and the reporting person's attainment of the restricted period. Restricted stock units were converted to shares of common stock on a 1.0-for-1.175 basis, as performance targets were achieved above the targeted level.
Shares withheld to satisfy applicable withholding taxes in connection with conversion of restricted stock units.
The reporting person disclaims any beneficial ownership of all shares owned by her husband. The filing of this statement shall not be construed as an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purpose, the beneficial owner of the securities owned by her husband.
Award of restricted stock units pursuant to the Chemical Financial Corporation Stock Incentive Plan of 2012. Restricted stock units under this award are convertible into shares of common stock upon the completion of the year ending December 31, 2016, based on the attainment by the Company of certain financial performance criteria in the year ending December 31, 2016 and the reporting person's attainment of the restricted period. Restricted stock units under this award are reported assuming shares of common stock will be issuable on a 1-for-1 basis, but restricted stock units may be convertible on a basis ranging from 0.5-for-1 to 1.5-for-1 depending on the actual performance of the Company.
Award of restricted stock units convertible into shares of common stock on a 1-for-1 basis at the end of a 5-year vesting period. Dividend equivalents will accrue under this award.
/s/ Lori A. Gwizdala
2014-02-19