SEC Form 4 · accession 0001171843-18-002819
OLD LINE BANCSHARES INC · OLBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Eric D Hovde
Director
Period of report
Apr 13, 2018
Accepted (ET)
Apr 18, 2018 · 3:13 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001253317
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 13, 2018 | A | 76,346 | — | A | 76,346 | D | |
| Common StockF1,F2 | Apr 13, 2018 | A | 1,134,702 | — | A | 1,134,702 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for 186,757 shares of Bay Bancorp, Inc. common stock in connection with the merger of Bay Bancorp, Inc. into Old Line Bancshares, Inc. (the "Merger"). On the effective date of the Merger, the closing price of Bay Bancorp, Inc.'s common stock was $13.35 per share and the closing price of Old Line Bancshares, Inc.'s common stock was $32.36 per share.
- F2Mr. Hovde is the managing member of H Bancorp, LLC, which owns 1,134,702 shares of common stock.