SEC Form 4 · accession 0001390162-15-000067
Howard Bancorp Inc · HBMD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George C. Coffman
Officer — EVP-CFO
Period of report
Aug 28, 2015
Accepted (ET)
Sep 1, 2015 · 4:23 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001390162
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Aug 28, 2015 | J | 3,381 | — | A | 54,417 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The reporting person acquired these securities on August 28, 2015 as consideration for the reporting person's common stock purchase of Patapsco Bancorp, Inc., which Howard Bancorp, Inc. acquired by merger on August 28, 2015. Pursuant to the terms of the Merger Agreement, each share of common stock of Patapsco Bancorp, Inc. that was not converted into cash was converted into 0.3547 shares of Howard Bancorp, Inc. common stock.
- F2Recieved in exchange for shares of Patapsco Bancorp, Inc. common stock in connection with the merger of Patapsco Bancorp, Inc. with and into Howard Bancorp, Inc. (the "Merger"). On the effective date of the Merger, the closing price of Patapsco Bancorp, Inc.'s common stock was $4.80 per share.