0000905729-15-000095.txt : 20150303
0000905729-15-000095.hdr.sgml : 20150303
20150303152327
ACCESSION NUMBER: 0000905729-15-000095
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20150227
FILED AS OF DATE: 20150303
DATE AS OF CHANGE: 20150303
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: 15668675
MAIL ADDRESS:
STREET 1: 235 E. MAIN STREET
CITY: MIDLAND
STATE: MI
ZIP: 48640
4
1
gwizdala4_030315.xml
OWNERSHIP DOCUMENT
X0306
4
2015-02-27
0
0000019612
CHEMICAL FINANCIAL CORP
CHFC
0001213674
GWIZDALA LORI A
235 E. MAIN STREET
MIDLAND
MI
48640
0
1
0
0
EVP, CFO & Treasurer
Common Stock
2015-02-27
4
M
0
4477
0
A
41472
D
Common Stock
2015-02-27
4
F
0
1415
30.18
D
40057
D
Common Stock
2015-02-27
4
S
0
1166
30.38
D
38891
D
Common Stock
650
I
By husband in trust
Restricted Stock Units
2015-02-27
4
M
0
4070
0
D
Common Stock
4070
0
D
Stock Options
30.18
2015-02-27
4
A
0
7674
0
A
2025-02-28
Common Stock
7674
7674
D
Restricted Stock Units
2015-02-27
4
A
0
4749
0
A
Common Stock
4749
4749
D
Restricted Stock Units
2015-02-27
4
A
0
712
0
A
Common Stock
712
712
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, 2014 and the reporting person's satisfaction of the service requirement as of February 27, 2015. Restricted stock units were converted to shares of common stock on a 1.0-for-1.1 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 his sons. The filing of this statement shall not be construed as an admission that the reporting person is, for purposes of Section 16 of the Exchange Act of 1934 or for any other purpose, the beneficial owner of the securities owned by his sons.
Vests in five equal annual installments beginning on February 27, 2016.
Award of restricted stock performance 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 based on the attainment by the Company of certain financial performance criteria in the year ending December 31, 2017 and the reporting person's satisfaction of the service requirement in February 2018. 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 service-based 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
2015-03-02