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Filing Details

Accession Number:
0001225208-16-040484
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-10-13 15:33:36
Reporting Period:
2016-10-11
Filing Date:
2016-10-13
Accepted Time:
2016-10-13 15:33:36
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1675192 Ottawa Bancorp Inc OTTW () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1381135 N Marc Kingry 925 Lasalle Street
Ottawa IL 61350
Cfo No Yes 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 2016-10-11 6,716 $0.00 6,716 No 4 J Direct
Common Stock Acquisiton 2016-10-11 600 $10.00 7,316 No 4 P Direct
Common Stock Acquisiton 2016-10-11 2,200 $10.00 2,200 No 4 P Indirect By 401(k) Plan
Common Stock Acquisiton 2016-10-11 3,124 $0.00 3,124 No 4 J Indirect By ESOP
Common Stock Acquisiton 2016-10-11 1,668 $0.00 1,668 No 4 J Indirect By IRA
Common Stock Acquisiton 2016-10-11 200 $10.00 200 No 4 P Indirect By Son
Common Stock Acquisiton 2016-10-11 119 $0.00 119 No 4 J Indirect By Spouse as custodian under UTMA for NK
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 P Direct
No 4 P Indirect By 401(k) Plan
No 4 J Indirect By ESOP
No 4 J Indirect By IRA
No 4 P Indirect By Son
No 4 J Indirect By Spouse as custodian under UTMA for NK
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Acquisiton 2016-10-11 15,596 $0.00 15,596 $3.57
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
15,596 2011-11-19 2021-11-16 No 4 J Direct
Footnotes
  1. Pursuant to the Plan of Conversion and Reorganization, each share of Ottawa Savings Bancorp, Inc. common stock was exchanged for 1.1921 shares of Ottawa Bancorp, Inc. common stock, rounded down to the nearest whole share.
  2. Pursuant to the Plan of Conversion and Reorganization, each option to purchase a share of Ottawa Savings Bancorp, Inc. was converted into an option to purchase 1.1921 shares of Ottawa Bancorp, Inc. common stock, rounded down to the nearest whole share. The exercise price per share for each converted option is determined by dividing the exercise price of such converted option by the 1.1921 exchange ratio, with such quotient rounded to the nearest whole cent. All such options continue to vest according to their original terms.
  3. Options are fully vested and exercisable.