X0306 4/A 2016-03-15 2016-03-16 0000275119 BAYLAKE CORP BYLK 0001256643 CERA ROBERT J 217 N. 4TH AVE. STURGEON BAY WI 54235 1 1 0 0 Chief Executive Officer Restricted Stock Units 2016-03-15 4 A 0 5280 15.17 A 5280 D Common Stock 2016-03-15 4 F 0 3000 15.17 D 47490 D Common Stock 30350 I By IRA Common Stock 2028 I By ESPP Common Stock 15000 I By Baylake Bank 401K Plan FBO Robert Cera Restricted Stock Units 8918 D Restricted Stock Units 4263 D Restricted Stock Units 2201 D Restricted Stock Units 5010 D The aggregate restricted stock units were granted on 3/15/16 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder. Represents shares used to satisfy tax withholding obligation upon vesting of restricted stock units. Increased shares reflect vested restricted stock units. Increased shares reflect shares purchased through an Employee Stock Purchase Plan. The aggregate restricted stock units were granted on 4/1/12 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder. The aggregate restricted stock units were granted on 3/19/13 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder. The aggregate restricted stock units were granted on 3/18/14 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder. The aggregate restricted stock units were granted on 3/17/15 and vest annually pro rata over a five year period on the first through fifth anniversaries of the grant date. Upon the vesting date, the restricted stock units are converted into shares of common stock under direct ownership of the holder. Susan M. Lohrey (Attorney-in-Fact) 2016-03-22