SEC Form 4 · accession 0000713671-15-000027
DNB FINANCIAL CORP /PA/ · DNBF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert J Melfi Jr.
Officer — EVP
Period of report
Mar 13, 2015
Accepted (ET)
Mar 16, 2015 · 12:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000713671
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| DNBF Common Stock $1 Par ValueF1 | Mar 13, 2015 | M | 5,600 | $6.93 | A | 18,613 | D | |
| DNBF Common Stock $1 Par Value | Mar 13, 2015 | F | 2,867 | $25.80 | D | 15,746 | D | |
| DNBF Common Stock $1 Par ValueF2 | Mar 13, 2015 | M | 5,500 | $10.31 | A | 21,246 | D | |
| DNBF Common Stock $1 Par Value | Mar 13, 2015 | F | 3,296 | $25.80 | D | 17,950 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $6.93 | Mar 13, 2015 | M | 5,600 | D | Apr 23, 2014 | Apr 23, 2017 | DNBF Common Stock $1 Par Value | 5,600 | 0 | D |
| Employee Stock Option (Right to Buy) | $10.31 | Mar 13, 2015 | M | 5,500 | D | Dec 12, 2014 | Dec 21, 2018 | DNBF Common Stock $1 Par Value | 5,500 | 0 | D |
Explanation of responses
- F1Sale, assignment, pledge, gift, encumbrance or other alienation or disposition of the shares represented by this certificate may be restricted as provided under applicable federal and state securities laws, and are also restricted and prohibited until March 13, 2017 pursuant to the terms of a Stock Option Award Agreement dated April 23, 2010, between DNB Financial Corporation and the holder of the shares named on this certificate, and the provisions of the DNB Financial Corporation Stock Option Plan.
- F2Sale, assignment, pledge, gift, encumbrance or other alienation or disposition of the shares represented by this certificate may be restricted as provided under applicable federal and state securities laws, and are also restricted and prohibited until March 13, 2017 pursuant to the terms of a Stock Option Award Agreement dated December 12, 2011, between DNB Financial Corporation and the holder of the shares named on this certificate, and the provisions of the DNB Financial Corporation Stock Option Plan.