Home/Filings/4/0001171843-19-007801
4//SEC Filing

Allen-Herring Rosie 4

Accession 0001171843-19-007801

CIK 0001253317other

Filed

Nov 24, 7:00 PM ET

Accepted

Nov 25, 1:19 PM ET

Size

5.4 KB

Accession

0001171843-19-007801

Insider Transaction Report

Form 4
Period: 2019-11-22
Transactions
  • Disposition to Issuer

    Common Stock

    2019-11-229600 total
Footnotes (1)
  • [F1]On November 22, 2019, Old Line Bancshares, Inc. ("Old Line") completed its previously announced merger (the "Merger") with Wesbanco, Inc. ("Wesbanco"), pursuant to an Agreement and Plan of Merger, dated as of July 23, 2019, by and among Wesbanco, Wesbanco Bank, Inc, Old Line and Old Line Bank. In accordance with the terms of the Merger Agreement, at the effective time of the Merger each share of Old Line common stock issued an outstanding immediately prior to the Merger was converted into the right to receive 0.7844 of a share of common stock of Wesbanco ("Exchange Ratio") plus cash in lieu of any fractional share of Wesbanco common stock equal to the product of $37.81 and the fraction of a share to which such holder would otherwise have been entitled. On November 22, 2019, the effective date of the Merger, the closing price of Wesbanco common stock on the Nasdaq Global Select Market was $36.75 per share.

Documents

1 file

Issuer

OLD LINE BANCSHARES INC

CIK 0001253317

Entity typeother

Related Parties

1
  • filerCIK 0001746329

Filing Metadata

Form type
4
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 1:19 PM ET
Size
5.4 KB