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
Ohio Stock Option Plan of WSFS Financial Corporation
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A stock option plan is a mechanism for affording selected employees and executives or managers of a company the opportunity to acquire stock in their company at a price determined at the time the options are granted and fixed for the term of the options.
As of March 21, 2022, the combination of Bryn Mawr Trust to WSFS Bank is now complete.
List of WSFS Bank 's Bryn Mawr Trust acquired by WSFS Bank. ... West Capital Management acquired by WSFS Bank. ... Powdermill Financial Solutions acquired by WSFS Bank. ... Christiana Bank & Trust acquired by WSFS Bank. ... Penn Liberty Bank acquired by WSFS Bank. ... Beneficial Mutual Bancorp acquired by WSFS Bank.
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.
WSFS Bank TypePublicFoundedFebruary 18, 1832HeadquartersWilmington, Delaware, U.S.Area servedDelaware New Jersey Nevada Pennsylvania VirginiaKey peopleRodger Levenson, Chairman, President and CEO Willard Hall, Founder and First President6 more rows