BOYLAN WILLIAM J 4
4 · MALVERN BANCORP, INC. · Filed Jul 17, 2023
Insider Transaction Report
Form 4
BOYLAN WILLIAM J
Sr. VP & Chief Lending Officer
Transactions
- Disposition to Issuer
Common Stock
2023-07-17−12.523→ 0 total(indirect: ESOP) - Disposition to Issuer
Common Stock
2023-07-17−4,805.198→ 0 total(indirect: By 401(k)) - Disposition to Issuer
Common Stock
2023-07-17−3,901→ 0 total
Footnotes (1)
- [F1]The shares were disposed of pursuant to the Agreement and Plan of Merger dated as of December 13, 2022, as amended by the amendments thereto (the "Merger Agreement"), by and among Malvern Bancorp, Inc. (the "Company"), Malvern Bank, National Association, First Bank, and FB Merger Subsidiary LLC. Pursuant to the Merger Agreement each share of Company common stock was converted into .7733 shares of common stock of First Bank and $7.80 in cash.