King Richard H 4
4 · TCF FINANCIAL CORP · Filed Jun 9, 2021
Insider Transaction Report
Form 4
King Richard H
Director
Transactions
- Disposition to Issuer
Common Stock
2021-06-09−22,905.848→ 0 total(indirect: Deferred Compensation Plan) - Disposition to Issuer
Common Stock
2021-06-09−208→ 0 total
Footnotes (3)
- [F1]Pursuant to the terms of the agreement and plan of merger, dated as of December 13, 2020 (the "Merger Agreement"), between the issuer and Huntington Bancshares Incorporated, a Maryland corporation ("Huntington"), pursuant to which the issuer will merge with and into Huntington (the "Merger"), at the effective time of the Merger (the "Effective Time"), each share of issuer common stock issued and outstanding immediately prior to the Effective Time (other than certain excluded shares) converted into the right to receive 3.0028 shares of Huntington common stock (the "Exchange Ratio"). All fractional share holdings were paid in cash. The Merger closed on June 9, 2021. On June 8, 2021, the closing price of the issuer was $45.18, and the closing price of Huntington was $15.21.
- [F2]The filing of this statement shall not be construed as an admission that the undersigned is, for the purpose of Section 16 of the Securities and Exchange Act of 1934 or otherwise, the beneficial owner of the securities.
- [F3]The shares noted are derivative securities based on the Reporting Person's benefits under a non-qualified plan.