Allen Douglas R JR 4
4 · Delanco Bancorp, Inc. · Filed May 1, 2018
Insider Transaction Report
Form 4
Allen Douglas R JR
Senior Vice President
Transactions
- Disposition to Issuer
Common Stock
2018-04-30−2,815→ 0 total(indirect: By ESOP) - Disposition to Issuer
Common Stock
2018-04-30−2,855→ 0 total
Footnotes (1)
- [F1]Disposed of pursuant to the Agreement and Plan of Reorganization, dated as of October 18, 2017, as amended on March 12, 2018, by and between First Bank ("First Bank") and Delanco Bancorp Inc. ("Delanco"), pursuant to which Delanco merged with and into FB Merger Corp., a wholly owned subsidiary of First Bank, with FB Merger Corp. continuing as the surviving entity (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of Delanco common stock issued and outstanding immediately prior to such time was converted into the right to receive 1.11 shares of First Bank common stock.