SEC Form 4 · accession 0001437749-16-030873
BRYN MAWR BANK CORP · BMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Joseph Clement
Director
Period of report
May 3, 2016
Accepted (ET)
May 5, 2016 · 9:13 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000802681
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | holding | — | — | — | 25,770 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF1,F3 | $28.91 | May 3, 2016 | J | 432 | A | — | — | Common Stock | 432 | 953 | D |
Explanation of responses
- F1Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash, upon the reporting person's termination of service as a director.
- F2The $12,500 retainer for the year 2016 for Non-Employee Directors was paid in Corporation stock.
- F3Held in BMBC Deferred Comp. Plan for Directors