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