THOMPSON MICHAEL 4
4 · BRYN MAWR BANK CORP · Filed Jan 3, 2022
Insider Transaction Report
Form 4Exit
THOMPSON MICHAEL
CFO/COO Banking Division BMT
Transactions
- Exercise/Conversion
Common Stock
[F1]2022-01-01+618→ 1,081 total - Exercise/Conversion
Common Stock
[F1]2022-01-01+411→ 1,492 total - Exercise/Conversion
Common Stock
[F1]2022-01-01+368→ 1,860 total - Exercise/Conversion
Common Stock
[F2]2022-01-01+2,816→ 4,676 total - Disposition to Issuer
Common Stock
[F3]2022-01-01−4,676→ 0 total - Exercise/Conversion
Restricted Stock Units
[F4][F1]2022-01-01−618→ 0 total→ Common Stock (618 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F1]2022-01-01−411→ 0 totalExercise: $0.00→ Common Stock (411 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F1]2022-01-01−368→ 0 totalExercise: $0.00→ Common Stock (368 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.
Signature
/s/ Lori Goldman, Attorney-in-Fact|2022-01-03