Lori Goldman - Dec 31, 2021 Form 4 Insider Report for BRYN MAWR BANK CORP (BMTC)

Signature
Lori Goldman
Stock symbol
BMTC
Transactions as of
Dec 31, 2021
Transactions value $
-$134,768
Form type
4
Date filed
1/3/2022, 03:02 PM
Previous filing
Aug 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BMTC Common Stock Disposed to Issuer -4.99K -100% 0 Jan 1, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction BMTC Restricted Stock Units Disposed to Issuer -$45.3K -973 -100% $46.52 0 Dec 31, 2021 Common Stock 973 Direct F2, F3
transaction BMTC Restricted Stock Units Disposed to Issuer -$40.7K -874 -100% $46.52 0 Dec 31, 2021 Common Stock 874 Direct F2, F3
transaction BMTC Restricted Stock Units Disposed to Issuer -$48.8K -1.05K -100% $46.52 0 Dec 31, 2021 Common Stock 1.05K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Lori Goldman is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of that certain Agreement and Plan of Merger entered into as of March 9, 2021, (the "Merger"), between Bryn Mawr Bank Corporation (the "Issuer") and WSFS Financial Corporation ("WSFS"), at the effective time of the Merger (the "Effective Time"), each share of Issuer's common stock issued and outstanding immediately prior to the Effective Time, subject to certain exceptions, converted into the right to receive, without interest, 0.90 of a share of WSFS common stock.
F2 Reflects surrender of time-based restricted stock units by the Reporting Person.
F3 These restricted stock units were surrendered in exchange for a cash payment representing $46.52 for each unit surrendered, including the value of certain accrued dividends.