4//SEC Filing
BREEDEN STEVEN K 4
Accession 0001171843-19-007805
CIK 0001253317other
Filed
Nov 24, 7:00 PM ET
Accepted
Nov 25, 1:54 PM ET
Size
5.3 KB
Accession
0001171843-19-007805
Insider Transaction Report
Form 4
BREEDEN STEVEN K
Director
Transactions
- Disposition to Issuer
Common Stock
2019-11-22−40,095→ 0 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
Issuer
OLD LINE BANCSHARES INC
CIK 0001253317
Entity typeother
Related Parties
1- filerCIK 0001248261
Filing Metadata
- Form type
- 4
- Filed
- Nov 24, 7:00 PM ET
- Accepted
- Nov 25, 1:54 PM ET
- Size
- 5.3 KB