SEC Form 4 · accession 0001515690-16-000049
FIDELITY D & D BANCORP INC · FDBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Salvatore R Defrancesco Jr.
Officer — EVP & Treasurer
Period of report
Feb 2, 2016
Accepted (ET)
Feb 4, 2016 · 5:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001098151
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Restricted StockF1,F2 | Feb 2, 2016 | P | 470 | $32.40 | A | 11,588 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Appreciation RightsF1 | $32.40 | Feb 2, 2016 | M | 2,881 | A | Feb 2, 2017 | Feb 1, 2026 | Common Stock | 2,881 | 11,588 | D |
Explanation of responses
- F1The stock which shall fully vest at the end of a three-year vesting period (100% after three years, subject to graded vesting---1/3, 1/3 and 1/3 each year (or 33 1/3% vesting per year))
- F2Once an award has vested, it shall be subject to a hold on sale restriction for two years from the date of vesting