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FORM 5
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/ / Check box if no U.S. SECURITIES AND EXCHANGE COMMISSION
longer subject to WASHINGTON, DC 20549
Section 16. Form
4 or Form 5 ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
obligations may
continue. See Filed pursuant to Section 16(a) of the Securities
Instruction 1(b) Exchange Act of 1934,
/ / Form 3 Holdings Section 17(a) of the Public Utility
Reported Holding Company Act of 1935 or Section 30(f) of
/ / Form 4 the Investment Company Act
Transactions of 1940
Reported
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1. Name and Address of Reporting Person 2. Issuer Name and Ticker or Trading Symbol 7. Individual or Joint/Group Filing
(Check applicable line)
X Form filed by One Reporting
---- Person
CIB Marine Bancshares, Inc. (not listed) Form Filed by More Than One
Rechkemmer Michael L. (formerly known as Central Illinois Bancorp, Inc.) ---- Reporting Person
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(Last) (First) (Middle) 3. IRS Identification 4. Statement for
Number of Reporting Month/Year
Person , if an Entity
(Voluntary)
W342 S4630 Highway GG December, 1999
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(Street) 5. If Amendment,
Dousman WI 53118 Date of Original
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(City) (State) (Zip)
6. Relationship of Reporting Person to
Issuer (Check all applicable)
Director 10% Owner
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X Officer (give Other (Specify
---- title --- below)
below)
Executive Vice President
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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Issuer's Direct Benefi-
(Month/ Fiscal Year (D) or cial
Day/ ---------------------------- (Instr. 3 and 4) Indirect Owner-
Year) Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
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Common Stock 50 D
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Common Stock 22.0 (1) I By ESOP
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FORM 5 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
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Date Expira- Amount or
--------------- Exer- tion Title Number of
(A) (D) cisable Date Shares
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Employee Stock Option $1,274.91 (2) 1/1/05 Common 75
(right to buy) (2) Stock
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Employee Stock Option $1,630.51 (3) 4/25/06 Common 58
(right to buy) (3) Stock
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Employee Stock Option $1,960.56 (4) 2/25/08 Common 38
(right to buy) (4) Stock
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Employee Stock Option $2,434.48 7/29/99 A 47 (5) 7/29/09 Common 47
(right to buy) (5) Stock
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9. Number of 10. Ownership 11. Nature of
Derivative of Derivative Indirect
Securities Security: Beneficial
Beneficially Direct (D) Ownership
Owned at End or Indirect (I) (Instr. 4)
of Year (Instr. 4)
(Instr. 4)
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75 D
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58 D
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38 D
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47 D
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Explanation of Responses:
(1) Represents shares allocated to the reporting person, at 12/31/99, pursuant to the issuer's ESOP.
(2) The employee stock option vests in five equal annual installments which began on January 1, 1996.
(3) The employee stock option vests in five equal annual installments which began on April 25, 1997.
(4) The employee stock option vests in five equal annual installments which began on February 25, 1999.
(5) The employee stock option vests in five equal annual installments beginning on July 29, 2000.
/s/ Michael L. Rechkemmer January 31, 2000
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Signature of Reporting Person
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