Harrington Michael W 4
4 · BRYN MAWR BANK CORP · Filed Jan 3, 2022
Insider Transaction Report
Form 4
Harrington Michael W
CFO & Treasurer
Transactions
- Exercise/Conversion
Restricted Stock Units
2022-01-01−1,680→ 0 total→ Common Stock (1,680 underlying) - Exercise/Conversion
Restricted Stock Units
2022-01-01−1,730→ 0 total→ Common Stock (1,730 underlying) - Exercise/Conversion
Common Stock
2022-01-01+10,395→ 35,322.66 total - Exercise/Conversion
Restricted Stock Units
2022-01-01−1,722→ 0 total→ Common Stock (1,722 underlying) - Disposition to Issuer
Common Stock
2022-01-01−35,322.66→ 0 total - Exercise/Conversion
Common Stock
2022-01-01+1,722→ 24,927.66 total - Exercise/Conversion
Common Stock
2022-01-01+1,680→ 21,475.66 total - Exercise/Conversion
Common Stock
2022-01-01+1,730→ 23,205.66 total
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.