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FIRST UNITED CORP/MD/ Director's Dealing 2017

Jan 10, 2017

33555_dirs_2017-01-10_f88a2016-5eb4-4bd9-9884-795ece2b0c89.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: FIRST UNITED CORP/MD/ (FUNC)
CIK: 0000763907
Period of Report: 2016-12-07

Reporting Person: Fisher Robert L. II (SVP & Chief Lending Officer)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2016-12-07 Phantom Stock $ A 350 Acquired Common Stock (350) Direct

Footnotes

F1: In the Form 4 to which this amendment relates, the reporting person erroneously reported, in Table I, an acquisition of 350 shares of First United Corporation common stock. This amendment is being filed to report, in Table II, that such acquisition was of phantom stock.

F2: Each share of phantom stock represents the right to receive one share of First United Corporation common stock or the cash value thereof.

F3: Shares of phantom stock are payable in cash or in shares of First United Corporation common stock following the reporting person's separation from service with First United Corporation. The phantom stock account is maintained under a deferred compensation plan, and the reporting person may transfer the account into an alternative account at any time.