Indiana Stock Option Plan of WSFS Financial Corporation

State:
Multi-State
Control #:
US-CC-18-352B
Format:
Word; 
Rich Text
Instant download

Description

18-352B 18-352B . . . Stock Option Plan under which committee appointed by Board of Directors can grant (a) Incentive Stock Options, (b) Non-qualified Stock Options, (c) Stand-alone or Tandem Stock Appreciation Rights, and (d) Phantom Stock (which entitles recipient to receive in cash when share vests, an amount equal to sum of (x) fair market value of a share of stock on date when such share of Phantom Stock vests and (y) aggregate amount of cash dividends paid with respect to a share of stock during period between date share of Phantom Stock was granted and date on which such share vests). Committee has broad discretion at time of making Phantom Stock awards to impose conditions that must be satisfied in order for Phantom Stock to become vested
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FAQ

As Executive Vice President and Chief Financial Officer at WSFS FINANCIAL CORP, Dominic C. Canuso made $1,611,195 in total compensation.

--(BUSINESS WIRE)-- WSFS Financial Corporation (NASDAQ: WSFS) (?WSFS?) has completed the merger and brand conversion of Cypress Capital Management and West Capital Management and has renamed the combined entity Bryn Mawr Capital Management, LLC, effective January 1, 2023.

Early history Wilmington Savings Fund Society was chartered as a Delaware thrift in 1832 by a group of Wilmington community leaders and businessmen.

Bryn Mawr Bank Corporation will merge with WSFS Financial Corporation following the signing of a definitive merger agreement by the two financial institutions last week.

WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region.

On August 18, 2023, WSFS Financial Corporation (the ?Company?) terminated without cause the employment of Dominic C. Canuso as the Company's Executive Vice President, Chief Financial Officer and Corporate Secretary. Mr. Canuso will continue to be employed by the Company through August 31, 2023.

In 2014, Beneficial moved its headquarters to 1818 Market Street in Philadelphia, at which point the building was renamed 1818 Beneficial Bank Place. WSFS and Beneficial announced that WSFS would acquire Beneficial, with the deal expected to close in early 2019. The deal ultimately closed March 1, 2019.

As of March 21, 2022, the combination of Bryn Mawr Trust to WSFS Bank is now complete.

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Indiana Stock Option Plan of WSFS Financial Corporation