0001232971-16-000007.txt : 20160217 0001232971-16-000007.hdr.sgml : 20160217 20160217124028 ACCESSION NUMBER: 0001232971-16-000007 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160213 FILED AS OF DATE: 20160217 DATE AS OF CHANGE: 20160217 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: METRO BANCORP, INC. CENTRAL INDEX KEY: 0001085706 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 251834776 FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3801 PAXTON STREET CITY: HARRISBURG STATE: PA ZIP: 17111 BUSINESS PHONE: 7174126301 MAIL ADDRESS: STREET 1: 3801 PAXTON STREET CITY: HARRISBURG STATE: PA ZIP: 17111 FORMER COMPANY: FORMER CONFORMED NAME: PENNSYLVANIA COMMERCE BANCORP INC DATE OF NAME CHANGE: 19990504 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ADAIR JAMES R CENTRAL INDEX KEY: 0001232971 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36852 FILM NUMBER: 161432289 4 1 wf-form4_145573081727539.xml FORM 4 X0306 4 2016-02-13 1 0001085706 METRO BANCORP, INC. METR 0001232971 ADAIR JAMES R 1107 DRY POWDER CIRCLE MECHANICSBURG PA 17055 1 0 0 0 Common Stock 2016-02-13 4 D 0 23924 D 0 D Common Stock 2016-02-13 4 D 0 844 D 0 I Carol Adair (Wife) Director Stock Option (Right to Buy) 31.25 2016-02-13 4 D 0 4000 0 D 2007-02-17 2016-02-17 Common Stock 4000.0 0 D Director Stock Option (Right to Buy) 28.51 2016-02-13 4 D 0 4250 0 D 2008-02-16 2017-02-16 Common Stock 4250.0 0 D Director Stock Option (Right to Buy) 27.0 2016-02-13 4 D 0 4475 0 D 2009-02-22 2018-02-22 Common Stock 4475.0 0 D Director Stock Option (Right to Buy) 11.77 2016-02-13 4 D 0 2500 0 D 2013-03-27 2022-03-27 Common Stock 2500.0 0 D Director Stock Option (Right to Buy) 16.53 2016-02-13 4 D 0 2500 0 D 2014-02-22 2023-02-22 Common Stock 2500.0 0 D Director Stock Option (Right to Buy) 19.55 2016-02-13 4 D 0 3750 0 D 2015-02-21 2024-02-21 Common Stock 3750.0 0 D Director Stock Option (Right to Buy) 25.43 2016-02-13 4 D 0 4900 0 D 2016-02-13 2025-02-21 Common Stock 4900.0 0 D Disposed of pursuant to the Agreement and Plan of Merger between issuer and F.N.B. Corporation ("FNB")dated as of August 4, 2015 pursuant to which issuer was merged into FNB on February 13, 2016. Pursuant to the merger agreement, each issued and outstanding share of issuer common stock was converted into 2.373 shares of FNB common stock. Following the merger, the reporting person no longer owns directly or indirectly any shares of issuer common stock. Pursuant to the merger agreement with FNB, each option to purchase issuer common stock outstanding and exercisable immediately prior to the effective time of the merger was assumed by FNB and converted into an option to purchase shares of FNB common stock. The number of FNB options into which the issuer options were converted was determined by multiplying each issuer option by 2.373. Any fractional shares of FNB common stock resulting from this multiplication was rounded down to the nearest share. The exercise price for the FNB options into which the issuer options were converted is the amount (rounded up to the nearest whole cent)equal to the per share exercise price under each issuer option divided by 2.373. /s/ James R. Adair 2016-02-16