Michael LaPlante - 01 Jan 2022 Form 4 Insider Report for BRYN MAWR BANK CORP

Reporting relationship: Chief Accounting Officer
Issuer ticker: N/A
Reported as of: 01 Jan 2022
Net transaction value: $0
SEC form: 4
Accepted by SEC: 03 Jan 2022, 15:09:53 UTC
Prior SEC filing: 28 Oct 2021
Next SEC filing: 26 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Lori Goldman, Attorney-in-Fact

Key filing fact

Michael LaPlante filed Form 4 for BRYN MAWR BANK CORP on 03 Jan 2022.

Key facts

This page summarizes Michael LaPlante's Form 4 filing for BRYN MAWR BANK CORP.
8 reported transactions and 3 derivative rows are listed below.
Accepted by SEC: 03 Jan 2022, 15:09.

Change

Previous filing in this sequence was filed on 28 Oct 2021.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

BMTC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +520
Change %: +138%
Price: $0.000000
Shares after: 897
Date: 01 Jan 2022
Ownership: Direct
Footnotes: F1

BMTC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +571
Change %: +64%
Price: $0.000000
Shares after: 1,468
Date: 01 Jan 2022
Ownership: Direct
Footnotes: F1

BMTC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +580
Change %: +40%
Price: $0.000000
Shares after: 2,048
Date: 01 Jan 2022
Ownership: Direct
Footnotes: F1

BMTC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +3,383
Change %: +165%
Price: $0.000000
Shares after: 5,431
Date: 01 Jan 2022
Ownership: Direct
Footnotes: F2

BMTC transaction

Common Stock

Disposed to Issuer

Transaction value
Shares: -5,431
Change %: -100%
Price
Shares after: 0
Date: 01 Jan 2022
Ownership: Direct
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

BMTC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -520
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jan 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 520
Exercise price
Footnotes: F1, F4

BMTC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -571
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jan 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 571
Exercise price
Footnotes: F1, F4

BMTC transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -580
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 01 Jan 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 580
Exercise price
Footnotes: F1, F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Michael LaPlante is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 4 footnotes

Footnote 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.

Footnote 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.

Footnote 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.

Footnote F4

Each restricted stock unit represents a contingent right to receive one share of BMTC common stock.