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
DANKANICH RONALD K
Former EVP/Operations
Transactions
- Award
common stock (restricted shares)-DNBF
2005-05-25+900→ 10,756 total
Footnotes (2)
- [F1]Award of restricted shares of Registrant's common stock under the DNB Financial Corporation Incentive Equity and Deferred Compensation Plan. Three (3) year "cliff" vesting: These shares shall vest on the earlier of a change in 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 9856 shares of common stock directly owned by the reporting person.