0001437749-23-017728.txt : 20230616
0001437749-23-017728.hdr.sgml : 20230616
20230616164651
ACCESSION NUMBER: 0001437749-23-017728
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230614
FILED AS OF DATE: 20230616
DATE AS OF CHANGE: 20230616
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Jacobsen J Christopher
CENTRAL INDEX KEY: 0001693963
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37981
FILM NUMBER: 231021946
MAIL ADDRESS:
STREET 1: 2005 SOUTH EASTON ROAD
STREET 2: SUITE 304
CITY: DOYLESTOWN
STATE: PA
ZIP: 18901
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: HV Bancorp, Inc.
CENTRAL INDEX KEY: 0001594555
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 000000000
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2005 SOUTH EASTON ROAD, SUITE 304
CITY: DOYLESTOWN
STATE: PA
ZIP: 18901
BUSINESS PHONE: 267-280-4000
MAIL ADDRESS:
STREET 1: 2005 SOUTH EASTON ROAD, SUITE 304
CITY: DOYLESTOWN
STATE: PA
ZIP: 18901
4
1
rdgdoc.xml
FORM 4
X0407
4
2023-06-14
1
0001594555
HV Bancorp, Inc.
HVBC
0001693963
Jacobsen J Christopher
2005 SOUTH EASTON ROAD, SUITE 304
DOYLESTOWN
PA
18901
1
EVP and COO
0
Common Stock
2023-06-14
4
F
0
1927
34.90
D
9073
D
Common Stock
2023-06-16
4
D
0
9073
D
0
D
Common Stock
2023-06-16
4
D
0
22064
D
0
I
By IRA
Common Stock
2023-06-16
4
D
0
6518
D
0
I
By 401(k)
Common Stock
2023-06-16
4
D
0
1491
D
0
I
By ESOP
Stock Options
14.80
2023-06-16
4
D
0
25000
D
2019-06-13
2028-06-13
Common Stock
25000
0
D
Pursuant to a merger agreement between the Issuer and Citizens Financial Services, Inc. ("CZFS"), each share of Issuer common stock was converted into and became exchangeable for the right to receive, at the election of the holder, either (i) $30.50 in cash or (ii) 0.4040 shares of CZFS common stock, subject to allocation procedures to ensure that 20% of the outstanding shares of Issuer common stock are exchanged for cash and 80% of the outstanding shares of Issuer common stock are exchanged for shares of CZFS common stock.
Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option multiplied by (ii) the excess, if any, of $30.50 over the exercise price per share of Issuer common stock provided for in such option, which cash payment was made without interest and net of all applicable withholding taxes.
/s/ Janice Garner, pursuant to power of attorney
2023-06-16