Chemical Financial Corporation director was just granted 27 restricted shares

Nancy A Bowman, a director of Chemical Financial Corporation, just received 27 restricted shares from the company. The restricted shares don't become available to Bowman until such time as they become vested. Bowman now owns at least 3,389 restricted shares of the company.

Some additional info was provided as follows:

Award of stock units representing dividend equivalents pursuant to Chemical Financial Corporation Directors' Deferred Stock Plan. Shares of common stock are issuable on a one-for-one basis in either a lump sum or installments after termination of service as a director or upon a change in control of the Company.

The above information was disclosed in a filing to the SEC. To see this filing in its entirety, click here. Chemical Financial Corporation next reports earnings on July 14, 2014.

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