0001469134-17-000140.txt : 20170705 0001469134-17-000140.hdr.sgml : 20170705 20170705125000 ACCESSION NUMBER: 0001469134-17-000140 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170702 FILED AS OF DATE: 20170705 DATE AS OF CHANGE: 20170705 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: First Community Financial Partners, Inc. CENTRAL INDEX KEY: 0001469134 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 204718752 STATE OF INCORPORATION: IL FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 2801 BLACK ROAD CITY: JOLIET STATE: IL ZIP: 60435 BUSINESS PHONE: 815-725-0123 MAIL ADDRESS: STREET 1: 2801 BLACK ROAD CITY: JOLIET STATE: IL ZIP: 60435 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Tonelli Dennis G CENTRAL INDEX KEY: 0001647393 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37505 FILM NUMBER: 17946996 MAIL ADDRESS: STREET 1: 2801 BLACK ROAD CITY: JOLIET STATE: IL ZIP: 60435 4 1 wf-form4_149927338724318.xml FORM 4 X0306 4 2017-07-02 0 0001469134 First Community Financial Partners, Inc. FCFP 0001647393 Tonelli Dennis G 2801 BLACK ROAD JOLIET IL 60435 1 0 0 0 Common Stock 2017-07-02 4 D 0 6805 D 0 D Common Stock 2017-07-02 4 D 0 84122 D 0 I By trust for which Mr. Tonelli is beneficiary Stock Options 5.2 2017-07-02 4 D 0 7500 D 2025-01-01 Common Stock 0.0 0 D Stock Options 7.24 2017-07-02 4 D 0 7500 D 2026-01-01 Common Stock 0.0 0 D Stock Options 11.7 2017-07-02 4 A 0 7500 D 2028-01-01 Common Stock 0.0 0 D On July 2, 2017, First Busey Corporation ("BUSE") completed the previously announced merger of First Community Financial Partners, Inc. ("FCFP") with and into BUSE, pursuant to the Agreement and Plan of Merger, dated February 6, 2017, by and between BUSE and FCFP (the "Merger Agreement"). In accordance with the terms of the Merger Agreement, at the effective time of the merger, the shares of FCFP common stock were converted into the right to receive $1.35 in cash and 0.396 shares of BUSE common stock (the "stock consideration"), with cash paid in lieu of fractional shares. Based on the closing stock price of BUSE common stock on the NASDAQ Global Select Market on June 30, 2017, the trading day immediately prior to the closing date of the merger, of $29.68, the value of the stock consideration was $11.75. This option, was canceled in the merger in exchange for a cash payment of $109,200, representing the difference between the exercise price of the option and the closing price of the underlying First Community common stock on June 30, 2017 ($12.90) per share). /s/ Glen L. Stiteley, by power of attorney 2017-07-05 EX-24 2 ex-24.htm POWER OF ATTORNEY TONELLI
POWER OF ATTORNEY

    Know all by these presents, that the undersigned hereby constitutes and appoints each of Glen L. Stiteley and Devin L. Tuch as the undersigned's true and lawful attorneys-in-fact to:

(1) execute for and on behalf of the undersigned, in the undersigned's capacity as a reporting person of First Community Financial Partners, Inc. (the "Company") pursuant to Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and the rules thereunder, Forms 3, 4 and 5 in accordance with Section 16(a) of the Exchange Act;

(2) do and perform any and all acts for and on behalf of the undersigned which may be necessary or desirable to complete and execute any such Form 3, 4 or 5, complete and execute any amendment or amendments thereto and timely file such form with the United States Securities and Exchange Commission and the applicable stock exchange or similar authority; and

(3) take any other action of any type whatsoever in connection with the foregoing which, in the opinion of any of such attorneys-in-fact, may be of benefit to, in the best interest of, or legally required by, the undersigned, it being understood that the documents executed by any of such attorneys-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and conditions as any of such attorneys-in-fact may approve in his discretion.

    The undersigned hereby grants to each such attorney-in-fact full power and authority to act separately and to do and perform any and every act and thing whatsoever requisite, necessary, or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of substitution or revocation, hereby ratifying and confirming all that any of such attorneys-in-fact, or the substitute or substitutes of any of such attorneys-in-fact, shall lawfully do or cause to be done by virtue of this Power of Attorney and the rights and powers herein granted. The undersigned acknowledges that the foregoing attorneys-in-fact, in serving in such capacity at the request of the undersigned, are not assuming, nor is the Company assuming, any of the undersigned's responsibilities to comply with Section 16 of the Exchange Act.

    This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file Forms 3, 4 and 5 with respect to the undersigned's holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to the foregoing attorneys-in-fact.

    IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 18 day of June, 2015.



Signature:  /s/ Dennis G. Tonelli
Name:    Dennis G. Tonelli