SEC Form 4 · accession 0001675689-19-000005
FIDELITY D & D BANCORP INC · FDBC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Eugene J Walsh
Officer — VP & COO
Period of report
Feb 5, 2019
Accepted (ET)
Feb 12, 2019 · 12:38 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 |
|---|---|---|---|---|---|---|---|---|
| Common Stock, RestictedF1,F2 | Feb 5, 2019 | A | 446 | $59.70 | A | 6,172 | D | |
| Common StockF4 | Feb 11, 2019 | M | 1,965 | $60.44 | A | 8,137 | D | |
| Common StockF5 | Feb 12, 2019 | S | 298 | $60.24 | D | 7,839 | 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 | $59.70 | Feb 5, 2019 | A | 1,586 | A | Feb 5, 2020 | Feb 4, 2029 | Common Stock | 1,586 | 14,563 | D |
| Stock Appreciation RightsF3 | $60.44 | Feb 11, 2019 | M | 3,059 | D | — | Feb 1, 2026 | Common Stock | 1,965 | 11,504 | D |
Explanation of responses
- F1The award shall be fully vested at the end of a three year vesting period subject to one third each year or a thirty three and one third percent 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.
- F3The stock appreciation rights vest in 3 equal installments or thirty three and one third percent equally each year starting on 02/02/2017.
- F4Closing price on date of exercise.
- F5Sale to cover tax liability.