SEC Form 4 · accession 0000922487-17-000015
ROYAL BANCSHARES OF PENNSYLVANIA INC · RBPAA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J. Piracci
Director
Period of report
Dec 15, 2017
Accepted (ET)
Dec 20, 2017 · 4:30 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000922487
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Royal Bancshares of Pennsylvania Class A CommonF1 | Dec 15, 2017 | D | 24,436 | — | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Disposed of pursuant to the Agreement and Plan of Merger between Bryn Mawr Bank Corporation ("BMBC") and issuer, dated January 30, 2017 (the "Merger Agreemtnt"), pursuant to which issuer was merged with and into BMBC, effective December 15, 2017 (the "Merger"). Pursuant to the Merger, each outstanding share of issuer's Class A Common stock was exchanged for 0.1025 shares of BMBC common stock, and each outstanding share of issuer's Class B common stock was exchanged for 0.1179 shares of BMBC common stock. As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of issuer common stock