X0202 4 2007-01-05 0001163428 WILLOW FINANCIAL BANCORP, INC. WFBC 0001235877 TODD EMORY S C/O WILLOW FINANCIAL BANK 170 SOUTH WARNER ROAD WAYNE PA 19087 1 0 0 0 Common Stock 2007-01-05 4 A 0 1935 0 A 34681 D Common Stock 7284 I By IRA Stock Option (Right to Buy) 9.25 2012-06-19 Common Stock 8580 8580 D Stock Option (Right to Buy) 12.84 2013-06-30 Common Stock 4086 4086 D Includes the grant of 3,870 shares pursuant to the 2005 Recognition and Retention Plan ("RRP") that vest over three years at 33.33% per year commencing on the first anniversary of the date of grant. Also reflects reinvestment of dividends in 84 shares since the last filed Form 4. The option, which originally represented an option to acquire shares of CVAL common stock, became fully exercisable as a result of the merger and converted into an option to acquire shares of the Issuer's common stock with the number of shares subject to the option and the exercise price adjusted based on the exchange ratio of 1.4823. /s/ Emory S. Todd by Neil Kalani as P.O.A. 2007-01-09