Maddox Mike bought BUSE
March 1, 2025 · Form 4 insider transaction
Maddox Mike bought 30,770 shares of First Busey Corporation at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
Footnotes
Pursuant to the Merger Agreement, at the effective time of the merger, each CrossFirst performance-based restricted stock unit award (each, a "CrossFirst PSU") was assumed and converted into an Issuer RSU, subject to the same terms and conditions (including service-based vesting terms but excluding performance-based vesting terms) as applied to the CrossFirst PSU immediately prior to the effective time of the merger, relating to the number of shares of Issuer common stock equal to the product of (A) 0.6675 shares of Issuer common stock, multiplied by (B)(i) for CrossFirst PSUs granted in 2023, actual performance and (ii) for CrossFirst PSUs granted in 2024, target performance, in each case, with any fractional shares rounded to the nearest whole share of Issuer common stock. Each Issuer RSU represents a contingent right to receive one share of Issuer common stock.