SEC Form 5 · accession 0001437749-18-002509
BRYN MAWR BANK CORP · BMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David E Lees
Director
Period of report
Dec 31, 2017
Accepted (ET)
Feb 14, 2018 · 2:25 pm EST
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 | — | — | — | 22,734 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF1 | — | holding | — | — | — | — | — | Common Stock | 165 | 165 | D |
| Restricted Stock UnitF2 | — | holding | — | — | — | — | — | Common Stock | 202 | 202 | D |
| Phantom StockF4,F5,F3 | — | holding | — | — | — | — | — | Common Stock | 4,548 | 4,548 | D |
| Phantom StockF4,F6,F3 | — | holding | — | — | — | — | — | Common Stock | 2,556 | 2,556 | D |
Explanation of responses
- F1On August 12, 2016, the reporting person was granted 247 restricted stock units subject to time-based vesting in three annual installments beginning on August 12, 2017. Each restricted stock unit represents a contingent right to receive one share of Bryn Mawr Bank Corporation common stock.
- F2On August 11, 2017, the reporting person was granted 202 restricted stock units subject to time-based vesting in three annual installments beginning on August 11, 2018. Each restricted stock unit represents a contingent right to receive one share of Bryn Mawr Bank Corporation common stock.
- F3All phantom stock units were acquired at the then-current per share market value of Bryn Mawr Bank Corporation common stock as of the date the units were credited to the Reporting Person's account under the Plan.
- F4Each 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.
- F5Held in Bryn Mawr Trust Company Deferred Compensation Plan for Directors.
- F6Held in Bryn Mawr Bank Corporation Deferred Compensation Plan for Directors.