DNB FINANCIAL CORP /PA/ 4
4 · DNB FINANCIAL CORP /PA/ · Filed May 26, 2005
Insider Transaction Report
Form 4
DNB FINANCIAL CORP /PA/dnbf.ob
Miller Thomas M
Executive Vice President
Transactions
- Award
common stock (restricted shares)-DNBF
2005-05-25+1,650→ 5,650 total
Footnotes (2)
- [F1]Award of restricted shares of Registrant's common stock under the DNB Financial Corporation Incentive and Deferred Compensation Plan. Three (3) year "cliff" vesting: These shares shall vest on the earlier of a change of control of the Registrant (as defined in the award agreement) or the expiration of 3 years, but vesting is conditioned upon continued employment with the Registrant and/or Registrant's wholly owned subsidiary DNB First, National Association.
- [F2]Includes 4000 shares of common stock directly owned by the reporting person.