0000922487-17-000024.txt : 20171220
0000922487-17-000024.hdr.sgml : 20171220
20171220180440
ACCESSION NUMBER: 0000922487-17-000024
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171215
FILED AS OF DATE: 20171220
DATE AS OF CHANGE: 20171220
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Eller Lars B
CENTRAL INDEX KEY: 0001605076
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-26366
FILM NUMBER: 171267658
MAIL ADDRESS:
STREET 1: 214 CALEB STREET
CITY: WEST CHESTER
STATE: PA
ZIP: 19382
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: ROYAL BANCSHARES OF PENNSYLVANIA INC
CENTRAL INDEX KEY: 0000922487
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
IRS NUMBER: 231627866
STATE OF INCORPORATION: PA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 732 MONTGOMERY AVE
CITY: NARBERTH
STATE: PA
ZIP: 19072
BUSINESS PHONE: 6106684700
MAIL ADDRESS:
STREET 1: 732 MONGTOMERY AVENUE
CITY: NARBERTH
STATE: PA
ZIP: 19072
4
1
edgar.xml
PRIMARY DOCUMENT
X0306
4
2017-12-15
0000922487
ROYAL BANCSHARES OF PENNSYLVANIA INC
RBPAA
0001605076
Eller Lars B
214 CALEB STREET
WEST CHESTER
PA
19382
0
1
0
0
EVP CHIEF RETAIL BANKING OFF.
ROYAL BANCSHARES OF PENNSYLVANIA CLASS A COMMON STOCK
2017-12-15
4
D
0
19900
D
0
D
EMPLOYEE STOCK OPTION
1.83
2017-12-15
4
D
0
3334
2.36
D
2025-02-18
COMMON STOCK
3334
0
D
Disposed of pursuant to the Agreement and Plan of Merger between Bryn Mawr Bank Corporation ("BMBC") and issuer, dated January 30, 2017 (the "Merger Agreement"), pursuant too which issuer was merged with and into BMBC, effective December 15, 2017 (the "Merger"). Pursuant to the Merger, each outstanding share of issuer's Class A common stock was exchanged for 0.1025 shares of BMBC common stock, and each outstanding share of issuer's Class B common stock was exchanged for 0.1179 shares of BMBC common stock. As a result of the Merger, the reporting person no longer beneficially owns directly or indirectly any shares of issuer common stock.
Pursuant to the Merger Agreement, each outstanding option to purchase shares of issuer's Class A common stock (whether vested or unvested) pursuant to issuer's equity-based compensation plans, which was outstanding and unexercised immediately prior to the effective time of the Merger, was canceled by the issuer in exchange for a cash payment equal to the positive difference between $4.19 and the corresponding exercise of such option on the effective date of the Merger.
KIMBERLY PLISINSKI, ROYAL BANCSHARES OF PENNSYLVANIA, AS POWER OF ATTORNEY FOR LARS ELLER
2017-12-20