SEC Form 4/A · accession 0001014100-17-000001
FIRST UNITED CORP/MD/ · FUNC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Robert L. Fisher II
Officer — SVP & Chief Lending Officer
Period of report
Dec 7, 2016
Accepted (ET)
Jan 10, 2017 · 4:43 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000763907
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F2,F3 | — | Dec 7, 2016 | A | 350 | A | — | — | Common Stock | 350 | 350 | D |
Explanation of responses
- F1In the Form 4 to which this amendment relates, the reporting person erroneously reported, in Table I, an acquisition of 350 shares of First United Corporation common stock. This amendment is being filed to report, in Table II, that such acquisition was of phantom stock.
- F2Each share of phantom stock represents the right to receive one share of First United Corporation common stock or the cash value thereof.
- F3Shares of phantom stock are payable in cash or in shares of First United Corporation common stock following the reporting person's separation from service with First United Corporation. The phantom stock account is maintained under a deferred compensation plan, and the reporting person may transfer the account into an alternative account at any time.