0000802681-22-000012.txt : 20220103 0000802681-22-000012.hdr.sgml : 20220103 20220103154313 ACCESSION NUMBER: 0000802681-22-000012 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20211231 FILED AS OF DATE: 20220103 DATE AS OF CHANGE: 20220103 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: MAY A JOHN III CENTRAL INDEX KEY: 0001203406 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35746 FILM NUMBER: 22501922 MAIL ADDRESS: STREET 1: PEPPER, HAMILTON LLP STREET 2: 400 BERWYN PARK, 899 CASSATT ROAD CITY: BERWYN STATE: PA ZIP: 19312 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: BRYN MAWR BANK CORP CENTRAL INDEX KEY: 0000802681 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 232434506 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 801 LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 19010 BUSINESS PHONE: 6105252300 MAIL ADDRESS: STREET 1: 801 LANCASTER AVE CITY: BRYN MAWR STATE: PA ZIP: 190103396 4 1 wf-form4_164124257645552.xml FORM 4 X0306 4 2021-12-31 1 0000802681 BRYN MAWR BANK CORP BMTC 0001203406 MAY A JOHN III 400 BERWYN PARK, 899 CASSATT ROAD BERWYN PA 19312-1183 1 0 0 0 Common Stock 2022-01-01 4 M 0 218 0 A 15319 D Common Stock 2022-01-01 4 M 0 216 0 A 15535 D Common Stock 2022-01-01 4 M 0 1000 0 A 16535 D Common Stock 2022-01-01 4 M 0 878 0 A 17413 D Common Stock 2021-12-31 4 M 0 3821 A 21234 D Common Stock 2021-12-31 4 M 0 2723 A 23957 D Common Stock 2022-01-01 4 D 0 23957 D 0 D Restricted Stock Units 2022-01-01 4 M 0 218 0 D Common Stock 218.0 0 D Restricted Stock Units 2022-01-01 4 M 0 216 0 D Common Stock 216.0 0 D Restricted Stock Units 2022-01-01 4 M 0 1000 0 D Common Stock 1000.0 0 D Phantom Stock 2021-12-31 4 M 0 3821 D Common Stock 3821.0 0 D Phantom Stock 2021-12-31 4 M 0 2723 D Common Stock 2723.0 0 D Reflects the full vesting of all outstanding time-based restricted stock units held by the Reporting Person, as contemplated by the respective grant agreements, and that certain Agreement and Plan of Merger entered into as of March 9, 2021 (the "Merger Agreement"), between Bryn Mawr Bank Corporation (the "Issuer") and WSFS Financial Corporation ("WSFS"), pursuant to which the Issuer will merge with and into WSFS (the "Merger"). On December 31, 2021, the closing price of the Issuer was $45.01, and the closing price of WSFS was $50.12. Reflects the full vesting of all outstanding performance-based restricted stock units held by the Reporting Person, as contemplated by the respective grant agreement, and the Merger Agreement. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. On December 31, 2021, the closing price of the Issuer was $45.01, and the closing price of WSFS was $50.12. Each share of phantom stock was the economic equivalent of one share of the Issuer's common stock. The shares of phantom stock became payable, in cash, upon the Reporting Person's termination of service as a director in connection with the Merger. Pursuant to the terms of the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each share of Issuer's common stock issued and outstanding immediately prior to the Effective Time, subject to certain exceptions, converted into the right to receive, without interest, 0.90 of a share of WSFS common stock. Each restricted stock unit represents a contingent right to receive one share of BMTC common stock. Phantom stock was held in Bryn Mawr Trust Company Deferred Payment Plan for Directors ("BMTC Plan"). On December 31, 2021, the Reporting Person's holdings in the BMTC Plan became payable and will be distributed in cash in accordance with the BMTC Plan. Phantom stock was held in Bryn Mawr Bank Corporation Deferred Payment Plan for Directors ("BMBC Plan"). On December 31, 2021, the Reporting Person's holdings in the BMBC Plan became payable and will be distributed in cash in accordance with the BMBC Plan. /s/ Lori Goldman, Attorney-in-Fact 2022-01-03