4//SEC Filing
LETO FRANCIS J 4
Accession 0000802681-22-000010
CIK 0000802681other
Filed
Jan 2, 7:00 PM ET
Accepted
Jan 3, 3:40 PM ET
Size
19.0 KB
Accession
0000802681-22-000010
Insider Transaction Report
Form 4
LETO FRANCIS J
DirectorEVP of BMTC a sub. of BMBC
Transactions
- Disposition to Issuer
Common Stock
2022-01-01−100,858→ 0 total - Disposition to Issuer
Common Stock
2022-01-01−1,122→ 0 total(indirect: By 401(k)) - Exercise/Conversion
Common Stock
2022-01-01+4,326→ 66,139 total - Exercise/Conversion
Common Stock
2022-01-01+4,232→ 70,371 total - Exercise/Conversion
Common Stock
2022-01-01+4,347→ 74,718 total - Exercise/Conversion
Restricted Stock Units
2022-01-01−4,326→ 0 total→ Common Stock (4,326 underlying) - Exercise/Conversion
Restricted Stock Units
2022-01-01−4,347→ 0 total→ Common Stock (4,347 underlying) - Exercise/Conversion
Common Stock
2022-01-01+26,140→ 100,858 total - Exercise/Conversion
Restricted Stock Units
2022-01-01−4,232→ 0 total→ Common Stock (4,232 underlying)
Footnotes (4)
- [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.
- [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.
- [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.
- [F4]Each restricted stock unit represents a contingent right to receive one share of BMTC common stock.
Documents
Issuer
BRYN MAWR BANK CORP
CIK 0000802681
Entity typeother
Related Parties
1- filerCIK 0001227983
Filing Metadata
- Form type
- 4
- Filed
- Jan 2, 7:00 PM ET
- Accepted
- Jan 3, 3:40 PM ET
- Size
- 19.0 KB