Patrick C Botts Form 4 MUTUALFIRST FINANCIAL / PATRICK C BOTTS ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BOTTS PATRICK C

(Last) (First) (Middle)

MUTUALFIRST FINANCIAL, INC.

110 EAST CHARLES STREET

(Street)

MUNCIE IN 47305-2400

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MUTUALFIRST FINANCIAL INC [ MFSF ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
President & COO

3. Date of Earliest Transaction (Month/Day/Year)
07/05/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	07/05/2017		M		942	A	$25.66	23,261	D
Common Stock	07/05/2017		S(5)		942	D	$34.75	23,319	D
Common Stock								12,363.191	I	By ESOP(1)
Common Stock								1,360	I	By Spouse's IRA
Common Stock								200	I	By UTMA

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (Right to Purchase)	$6.93							(2)	12/31/2021	Common Stock	15,000		15,000	D
Stock Option (Right to Purchase)	$7.05							(2)	12/21/2025	Common Stock	40,000		40,000	D
Stock Option (Right to Purchase)	$14.5							(3)	01/12/2011	Common Stock	7,800		7,800	D
Stock Option (Right to Purchase)	$25.66	07/05/2017		M			942	(4)	12/17/2018	Common Stock	942	$0	9,739	D

Explanation of Responses:

1. Reflects ESOP allocations that have occurred since the date of the reporting person's last ownership report.

2. These options were issued under the Issuer's 2000 Stock Option and Incentive Plan and became exercisable on 12/21/2012.

3. These options became fully exercisable on 11/12/2005.

4. These options became fully exercisable on 12/31/2005.

5. Shares were sold pursuant to a 10b5-1 Stock Trading Plan entered into by the reporting person which was announced by the Company in a Current Report on Form 8-K filed with the SEC on June 23, 2017.

Remarks:

	/s/ Rosalie A. Petro, P.O.A. for Patrick C. Botts	07/07/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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