SEC Form 4/A · accession 0001437749-18-006333
BRYN MAWR BANK CORP · BMTC
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
Michael Joseph Clement
Director
Period of report
Feb 8, 2018
Accepted (ET)
Apr 4, 2018 · 5:05 pm 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 StockF1 | holding | — | — | — | 27,852 | 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,F2 | — | Feb 8, 2018 | A | 2,613 | A | — | — | Common Stock | 2,613 | 2,613 | D |
| Phantom StockF1,F4,F2 | — | Feb 8, 2018 | A | 187 | A | — | — | Common Stock | 187 | 1,432 | D |
Explanation of responses
- F1This Form 4 amendment is being filed to correct an administrative error in the Form 4 originally filed February 9, 2018. The original Form 4 improperly reported two February 8, 2018 transactions as purchases of common stock in Table I. The transactions were in fact intra-plan discretionary transactions in phantom stock pursuant to the Bryn Mawr Trust Company Deferred Compensation Plan for Directors and the Bryn Mawr Bank Corporation Deferred Compensation Plan for Directors. Table I of the Form 4 has been amended to remove the transactions and reflects the accurate common stock holdings of the reporting person as of February 8, 2018, and Table II has been amended to reflect the transactions in Phantom Stock that occurred on February 8, 2018.
- F2Each 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.
- F3Held in Bryn Mawr Trust Company Deferred Compensation Plan for Directors.
- F4Held in Bryn Mawr Bank Corporation Deferred Compensation Plan for Directors.