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Filing Details

Accession Number:
0001437749-14-016412
Form Type:
4
Zero Holdings:
No
Publication Time:
2014-09-03 12:34:50
Reporting Period:
2014-08-29
Filing Date:
2014-09-03
Accepted Time:
2014-09-03 12:34:50
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
275119 Baylake Corp BYLK State Commercial Banks (6022) 391268055
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1486969 James Louis Jeanquart 217 N 4Th Ave
Sturgeon Bay WI 54235
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2014-08-29 2,400 $12.58 280,779 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 26,693 Indirect By IRA
Common Stock 2,056 Indirect By ESPP
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock 10% Convertible Promissory Notes due 2017 $5.00 2017-06-30 20,000 0 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2017-06-30 20,000 0 Direct
Footnotes
  1. The convertible promissory note is convertible into shares of common stock at a conversion ratio of one share of common stock for each $5.00 in aggregate principal amount held on the record date of the conversion, subject to adjustment for stock dividends, stock-splits, repurchases or reclassifications, as described in the security.
  2. The holder of the convertible promissory note may, at the option of the holder, convert up to the full principal amount of the convertible promissory notes into shares of common stock at any time prior to redemption or maturity. On October 1, 2014, up to one-half of the original principal amount of the convertible promissory note will automatically convert into shares of common stock.
  3. June 30, 2017, is the stated maturity date of the convertible promissory notes.