Lynn Mckee - 01 Jan 2022 Form 4 Insider Report for WSFS FINANCIAL CORP (WSFS)

Role
Director
Signature
/s/ Lynn McKee by Charles K. Mosher, Attorney-in-Fact
Issuer symbol
WSFS
Transactions as of
01 Jan 2022
Net transactions value
$0
Form type
4
Filing time
03 Jan 2022, 16:01:23 UTC
Previous filing
09 Dec 2021
Next filing
04 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WSFS Common Stock Award +10,440 10,440 01 Jan 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Received in exchange for 11,600 shares of Bryn Mawr Bank Corporation ("Bryn Mawr") common stock in connection with the merger of Bryn Mawr with and into WSFS Financial Corporation ("WSFS") effective January 1, 2022 (the "Merger"). At the effective time of the Merger at 12:01am on January 1, 2022 (the "Effective Time"), each outstanding share of Bryn Mawr common stock converted into the right to receive 0.90 shares of WSFS common stock, with cash paid in lieu of fractional shares (the "Merger Consideration"). On December 31, 2021, the last trading day before the Effective Time, the closing price of Bryn Mawr's common stock was $45.01 per share and the closing price of WSFS' common stock was $50.12 per share. All fractional share holdings were paid in cash.