First Community Financial Partners (FCMPE) Form 4 First Community Financial Partners / Patricia L. Lambrecht ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Lambrecht Patricia L.

(Last) (First) (Middle)

2801 BLACK ROAD

(Street)

JOLIET IL 60435

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
First Community Financial Partners, Inc. [ FCFP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/17/2017		M		22,500	A	$4	31,802	D
Common Stock	02/17/2017		M		67,500	A	$5	99,302	D
Common Stock	02/17/2017		M		2,500	A	$7.24	101,802	D
Common Stock	02/17/2017		M		16,000	A	$7.5	117,802	D
Common Stock	02/17/2017		M		5,000	A	$5.2	122,802	D
Common Stock								8,640	I	By minor children for which Ms. Lambrecht is custodian
Common Stock								453,141	I	By trust for which Ms. Lambrecht is beneficiary

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Warrants	$4	02/17/2017		M			22,500	03/12/2013	03/12/2023	Common Stock	22,500	$4	0	D
Stock Options	$7.5	02/17/2017		M			16,000	07/01/2010	07/01/2017	Common Stock	16,000	$7.5	0	D
Stock Options	$5	02/17/2017		M			67,500	07/21/2007	07/21/2019	Common Stock	67,500	$5	0	D
Stock Options	$5.2	02/17/2017		M			5,000	01/01/2018	01/01/2025	Common Stock	5,000	$5.2	2,500	D
Stock Options	$7.24	02/17/2017		M			2,500	01/01/2017	01/01/2026	Common Stock	2,500	$7.24	5,000	D
Common Stock	$11.7							01/01/2018	01/01/2028	Common Stock	7,500		7,500	D

Explanation of Responses:

Remarks:

	/s/ Glen L. Stiteley, by power of attorney	02/23/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.