Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | BMTC | Restricted Stock Units | Options Exercise | $0 | -520 | -100% | $0.00* | 0 | Jan 1, 2022 | Common Stock | 520 | Direct | F1, F4 | |
transaction | BMTC | Restricted Stock Units | Options Exercise | $0 | -571 | -100% | $0.00* | 0 | Jan 1, 2022 | Common Stock | 571 | Direct | F1, F4 | |
transaction | BMTC | Restricted Stock Units | Options Exercise | $0 | -580 | -100% | $0.00* | 0 | Jan 1, 2022 | Common Stock | 580 | Direct | F1, F4 |
Michael LaPlante is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.
Id | Content |
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F1 | Reflects the full vesting of all outstanding time-based restricted stock units held by the Reporting Person, as contemplated by the respective grant agreements, and that certain Agreement and Plan of Merger entered into as of March 9, 2021 (the "Merger Agreement"), between Bryn Mawr Bank Corporation (the "Issuer") and WSFS Financial Corporation ("WSFS"), pursuant to which the Issuer will merge with and into WSFS (the "Merger"). On December 31, 2021, the closing price of the Issuer was $45.01, and the closing price of WSFS was $50.12. |
F2 | Reflects the full vesting of all outstanding performance-based restricted stock units held by the Reporting Person, as contemplated by the respective grant agreement, and the Merger Agreement. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. On December 31, 2021, the closing price of the Issuer was $45.01, and the closing price of WSFS was $50.12. |
F3 | Pursuant to the terms of the Merger Agreement, 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. |
F4 | Each restricted stock unit represents a contingent right to receive one share of BMTC common stock. |