Stephen J. Gilhooly - Jan 6, 2022 Form 4 Insider Report for 1ST CONSTITUTION BANCORP (FCCY)

Signature
/s/ Scott Warren Goodman, Attorney-in-fact
Stock symbol
FCCY
Transactions as of
Jan 6, 2022
Transactions value $
$137,943
Form type
4
Date filed
1/10/2022, 07:28 PM
Previous filing
Dec 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCCY Common Stock Options Exercise $2.86K +308 +2.15% $9.30 14.6K Jan 6, 2022 Direct
transaction FCCY Common Stock Options Exercise $12.6K +1.05K +7.19% $11.98 15.7K Jan 6, 2022 Direct
transaction FCCY Common Stock Options Exercise $18.7K +1K +6.39% $18.65 16.7K Jan 6, 2022 Direct
transaction FCCY Common Stock Options Exercise $18.3K +1K +6% $18.30 17.7K Jan 6, 2022 Direct
transaction FCCY Common Stock Options Exercise $19.4K +1K +5.66% $19.38 18.7K Jan 6, 2022 Direct
transaction FCCY Common Stock Options Exercise $21.9K +1K +5.36% $21.92 19.7K Jan 6, 2022 Direct
transaction FCCY Common Stock Options Exercise $13.1K +1K +5.09% $13.13 20.7K Jan 6, 2022 Direct
transaction FCCY Common Stock Options Exercise $31.1K +2K +9.68% $15.56 22.7K Jan 6, 2022 Direct
transaction FCCY Common Stock Disposed to Issuer -22.7K -100% 0 Jan 6, 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 FCCY Stock option (right to buy) Options Exercise $0 -308 -100% $0.00* 0 Jan 6, 2022 Common Stock 308 $9.30 Direct F2
transaction FCCY Stock option (right to buy) Options Exercise $0 -1.05K -100% $0.00* 0 Jan 6, 2022 Common Stock 1.05K $11.98 Direct F2
transaction FCCY Stock option (right to buy) Options Exercise $0 -1K -100% $0.00* 0 Jan 6, 2022 Common Stock 1K $18.65 Direct F2
transaction FCCY Stock option (right to buy) Options Exercise $0 -1K -100% $0.00* 0 Jan 6, 2022 Common Stock 1K $18.30 Direct F2
transaction FCCY Stock option (right to buy) Options Exercise $0 -1K -100% $0.00* 0 Jan 6, 2022 Common Stock 1K $19.38 Direct F2
transaction FCCY Stock option (right to buy) Options Exercise $0 -1K -100% $0.00* 0 Jan 6, 2022 Common Stock 1K $21.92 Direct F2
transaction FCCY Stock option (right to buy) Options Exercise $0 -1K -100% $0.00* 0 Jan 6, 2022 Common Stock 1K $13.13 Direct F2
transaction FCCY Stock option (right to buy) Options Exercise $0 -2K -100% $0.00* 0 Jan 6, 2022 Common Stock 3K $15.56 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Stephen J. Gilhooly is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Represents shares of common stock and restricted stock of 1st Constitution Bancorp ("Issuer") that converted into and became exchangeable for the right to receive 1.3577 shares of common stock of Lakeland Bancorp Inc. ("Lakeland") having a market value of $21.73 per share on the effective date of the merger pursuant to the Agreement and Plan of Merger, dated as of July 11, 2021, by and between Issuer and Lakeland (the "Merger Agreement").
F2 All of the options became exercisable on or before the effective time of the merger of Issuer with and into Lakeland pursuant to the Merger Agreement.