SEC Form 4 · accession 0001437749-18-008284
BRYN MAWR BANK CORP · BMTC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
A John May III
Director
Period of report
Apr 27, 2018
Accepted (ET)
May 1, 2018 · 5:04 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 Stock | holding | — | — | — | 12,130 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom StockF3,F1 | — | Apr 27, 2018 | A | 273 | A | — | — | Common Stock | 273 | 1,553 | D |
| Phantom StockF4,F1,F5 | — | holding | — | — | — | — | — | Common Stock | 788 | 788 | 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.
- F2Represents shares having a value of $12,500 that were issued to the reporting person as the annual director retainer for the 2018/2019 board cycle.
- F3Held in Bryn Mawr Bank Corporation Deferred Compensation Plan for Directors.
- F4Held in Bryn Mawr Trust Company Deferred Compensation Plan for Directors.
- F5All 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.