SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
CICCARONE JOHN J

(Last) (First) (Middle)
908 SHERIDAN DRIVE

(Street)
WEST CHESTER PA 19382

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FIRST CHESTER COUNTY CORP [ FCEC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
09/21/2005
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 09/21/2005 M 2,200 A $10.1 203,826(1) D
Common Stock 09/21/2005 M 2,200 A $14.091 206,026 D
Common Stock 09/21/2005 M 1,100 A $19.209 207,126 D
Common Stock 09/21/2005 M 3,300 A $16.082 210,426 D
Common Stock 09/21/2005 M 1,100 A $18.295 211,526 D
Common Stock 09/21/2005 M 4,400 A $13.409 215,926 D
Common Stock 09/21/2005 M 2,200 A $12.557 218,126 D
Common Stock 09/21/2005 M 2,200 A $14.1 220,326 D
Common Stock 09/21/2005 M 2,200 A $12.727 222,526 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock $10.1 09/21/2005 M 2,200 03/31/1997 09/30/2006 Common Stock 2,200 $0.00 0.00 D
Common Stock $14.091 09/21/2005 M 2,200 03/31/1998 09/30/2007 Common Stock 2,200 $0.00 0 D
Common Stock $16.082 09/21/2005 M 3,300 03/30/1999 09/30/2008 Common Stock 3,300 $0.00 0.00 D
Common Stock $18.295 09/21/2005 M 1,100 10/15/1999 04/15/2009 Common Stock 1,100 $0.00 0.00 D
Common Stock $19.209 09/21/2005 M 1,100 09/17/1998 03/17/2008 Common Stock 1,100 $0.00 0.00 D
Common Stock $12.557 09/21/2005 M 2,200 03/29/2001 09/29/2010 Common Stock 2,200 $0.00 0.00 D
Common Stock $12.727 09/21/2005 M 2,200 03/30/2003 09/29/2012 Common Stock 2,200 $0.00 0.00 D
Common Stock $13.409 09/21/2005 M 4,400 03/30/2000 09/30/2009 Common Stock 4,400 $0.00 0.00 D
Common Stock $14.1 09/21/2005 M 2,200(1)(2) 03/28/2002 09/28/2011 Common Stock 2,200 $0.00 0.00 D
Explanation of Responses:
1. On May 19, 2005, the Issuer paid a ten percent (10%) dividend to the owners of the Issuer's common stock resulting in the reporting person's acquisition of 18,218 additional shares of common stock.
2. As a result of a 10% stock dividend paid by the Issuer on May 19, 2005, the number of shares and exercise price of all of the options were adjusted as reflected in this report.
/s/ John J. Ciccarone 09/22/2005
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.