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FIRST UNITED CORP/MD/ — Director's Dealing 2018
Aug 14, 2018
33555_dirs_2018-08-14_c63f2fbf-14c5-468f-8f09-482325577b53.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FIRST UNITED CORP/MD/ (FUNC)
CIK: 0000763907
Period of Report: 2018-08-13
Reporting Person: Fisher Robert L. II (SVP & Chief Lending Officer)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-13 | Phantom Stock | $ | A | 40 | Acquired | Common Stock (40) | Direct |
Footnotes
F1: Each share of phantom stock represents the right to receive one share of common stock of First United Corporation or the cash value thereof.
F2: Shares of phantom stock are payable in cash or shares of common stock of First United Corporation 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 that account into an alternative account at any time.
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