SEC Form 4 · accession 0001515690-17-000014
FIDELITY D & D BANCORP INC · FDBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Salvatore R Defrancesco Jr.
Officer — CFO & Treasurer
Period of report
Feb 7, 2017
Accepted (ET)
Feb 9, 2017 · 4:49 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 7, 2017 | P | 471 | $39.25 | A | 12,673 | 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 | $39.25 | Feb 7, 2017 | A | 2,415 | A | Feb 7, 2017 | Feb 7, 2027 | Common Stock | 2,415 | 12,673 | D |
Explanation of responses
- F1The stock shall be fully vest at the end of a three year vesting period subject to graded vesting 1/3, 1/3, and 1/3 each year or 33 1/3% vesting period 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