0001225208-18-008357.txt : 20180501 0001225208-18-008357.hdr.sgml : 20180501 20180501163337 ACCESSION NUMBER: 0001225208-18-008357 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20180430 FILED AS OF DATE: 20180501 DATE AS OF CHANGE: 20180501 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: VERNER JAMES W CENTRAL INDEX KEY: 0001382427 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-55087 FILM NUMBER: 18796006 MAIL ADDRESS: STREET 1: 615 BURLINGTON AVENUE CITY: DELANCO STATE: NJ ZIP: 08075 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Delanco Bancorp, Inc. CENTRAL INDEX KEY: 0001577603 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTION, FEDERALLY CHARTERED [6035] IRS NUMBER: 000000000 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0331 BUSINESS ADDRESS: STREET 1: 615 BURLINGTON AVENUE CITY: DELANCO STATE: NJ ZIP: 08075 BUSINESS PHONE: 856-461-0611 MAIL ADDRESS: STREET 1: 615 BURLINGTON AVENUE CITY: DELANCO STATE: NJ ZIP: 08075 4 1 doc4.xml X0306 4 2018-04-30 1 0001577603 Delanco Bancorp, Inc. DLNO 0001382427 VERNER JAMES W 615 BURLINGTON AVENUE DELANCO NJ 08075 1 Common Stock 2018-04-30 4 D 0 3535.0000 0.0000 D 0.0000 D Common Stock 2018-04-30 4 D 0 3000.0000 0.0000 D 0.0000 I By IRA Common Stock 2018-04-30 4 D 0 2404.0000 0.0000 D 0.0000 I By Spouse IRA Stock Option (Right-to-Buy) 8.0000 2018-04-30 4 D 0 1000.0000 0.0000 D 2014-10-16 2023-10-16 Common Stock 1000.0000 0.0000 D Disposed of pursuant to the Agreement and Plan of Reorganization, dated as of October 18, 2017, as amended on March 12, 2018, by and between First Bank ("First Bank") and Delanco Bancorp Inc. ("Delanco"), pursuant to which Delanco merged with and into FB Merger Corp., a wholly owned subsidiary of First Bank, with FB Merger Corp. continuing as the surviving entity (the "Merger"). At the effective time of the Merger (the "Effective Time"), each share of Delanco common stock issued and outstanding immediately prior to such time was converted into the right to receive 1.11 shares of First Bank common stock. At the Effective Time, pursuant to the Agreement and Plan of Reorganization, dated as of October 18, 2017, as amended on March 12, 2018, by and between First Bank and Delanco Bancorp, Inc., all stock options were cancelled and the reporting person received a cash payment equal to $15.94 per share minus the applicable exercise price of such stock option multiplied by each stock option held. Aaron M. Kaslow, Power of Attorney 2018-05-01