SEC Form 4 · accession 0001225208-18-000120
COMMUNITY FINANCIAL CORP /MD/ · TCFC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Edward Lawrence Sanders III
Director
Period of report
Jan 1, 2018
Accepted (ET)
Jan 3, 2018 · 10:44 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000855874
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 1, 2018 | A | 18,958 | $0.00 | A | 18,958 | D | |
| Common StockF2 | Jan 1, 2018 | A | 3,007 | $0.00 | A | 3,007 | I | By IRA |
| Common StockF3 | Jan 1, 2018 | A | 2,118 | $0.00 | A | 2,118 | I | By Spouse's IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Received in exchange for 19,866.355 shares of County First Bank common stock in connection with the merger of County First Bank with and into the Community Bank of the Chesapeake, the wholly owned subsidary of The Community Financial Corporation (the "Merger"). On the effective date of the Merger, the closing price of County First Bank's common stock was $36.55 per share, and the closing price of The Community Financial Corporation's common stock was $38.78 per share. The reporting person also received $2.20 in cash consideration per share.
- F2Received in exchange for 3,152 shares of County First Bank common stock in connection with the merger of County First Bank with and into the Community Bank of the Chesapeake, the wholly owned subsidary of The Community Financial Corporation (the "Merger"). On the effective date of the Merger, the closing price of County First Bank's common stock was $36.55 per share, and the closing price of The Community Financial Corporation's common stock was $38.78 per share. The reporting person also received $2.20 in cash consideration per share.
- F3Received in exchange for 2,220 shares of County First Bank common stock in connection with the merger of County First Bank with and into the Community Bank of the Chesapeake, the wholly owned subsidary of The Community Financial Corporation (the "Merger"). On the effective date of the Merger, the closing price of County First Bank's common stock was $36.55 per share, and the closing price of The Community Financial Corporation's common stock was $38.78 per share. The reporting person also received $2.20 in cash consideration per share.