Securities trades recently reported to the Securities and Exchange Commission by officers, directors and principal shareholders of corporations based or having sizable employment in the Philadelphia area. Titles are as reported to the SEC.

Ace Ltd.

Peter Menikoff

, director, sold 2,292 shares at $91.46 on May 20, and now directly holds 55,675 shares.

Air Products & Chemicals Inc.

John D. Stanley

, general counsel, sold 3,407 shares at $90.80 on May 13 and 1,400 shares at $95.26 on May 21, and now directly holds 19,689 shares.

Airgas Inc.

Michael E. Rohde

, officer, sold 24,150 shares at $100.26 on May 16, and now directly holds 2,738 shares.

American Water Works Co.

Walter J. Lynch

, officer, sold 5,000 shares at $42.75 on May 15, and now directly holds 39,819 shares.

Kathy L. Pape, officer, sold 26,263 shares at $41.77 on May 13, and now directly holds 19,714 shares.

Nick Orlando Rowe, officer, sold 7,070 shares at $42.64 on May 17, and now directly holds 16,766 shares.

Bancorp Inc.

Michael James Bradley

, director, bought 10,000 shares at $13.13 to $13.40 May 16 to May 17, and now directly holds 20,000 shares.

Bryn Mawr Bank Corp.

James Duncan Smith

, officer and treasurer, sold 5,000 shares at $22.50 May 10 to May 14, and now directly holds 9,486 shares.

James Duncan Smith, officer and treasurer, sold 6,775 shares at $23.60 on May 21, and now directly holds 9,486 shares.

Chesapeake Utilities Corp.

Ralph J. Adkins

, board chairman, sold 900 shares at $54.56 on May 14, and now directly holds 55,941 shares.

Crown Holdings Inc.

Jozef Salaerts

, officer, sold 5,000 shares at $43.62 on May 15, and now directly holds 112,118 shares.

DFC Global Corp.

Randall Underwood

, chief financial officer, sold 15,000 shares at $15.15 on May 17, and now directly holds 139,482 shares.

E.I. Du Pont de Nemours & Co.

Mark P. Vergnano

, officer, sold 48,743 shares at $56.00 on May 20, and now directly holds 113,763 shares.

Entercom Communications

John C. Donlevie

, officer, sold 4,000 shares at $9.50 on May 17, and now directly holds 153,962 shares.

Stephen F. Fisher, chief financial officer, sold 20,000 shares at $9.24 to $9.25 May 14 to May 15, and now directly holds 493,861 shares.

Andrew P. Sutor IV, officer, sold 1,502 shares at $9.29 on May 17, and now directly holds 30,271 shares.

Epam Systems Inc.

Arkadiy Dobkin

, chief executive officer, sold 4,740 shares at $22.86 on May 13, and now directly holds 4,465,180 shares.

Incyte Corp.

Richard S. Levy

, officer, sold 55,699 shares at $22.30 on May 13, and now directly holds 4,301 shares.

Roy Alec Whitfield, director, sold 40,000 shares at $23.08 on May 17, and now directly holds 721,082 shares.

J&J Snack Foods Corp.

Robert M. Radano

, officer, sold 2,696 shares at $80.06 to $80.43 on May 16, and now directly holds 92,911 shares.

L-3 Communications Holdings

Arthur L. Simon

, director, sold 2,609 shares at $85.28 on May 16, and now directly holds 11,385 shares.

Lannett Co. Inc.

Kevin Smith

, officer, sold 66,913 shares at $11.70 to $11.87 May 13 to May 14, and now directly holds 17,439 shares.

Liberty Property Trust

Thomas C. Deloach Jr.

, director, sold 5,000 shares at $44.16 on May 15, and now directly holds 47,871 shares.

Lockheed Martin Corp.

Sondra L. Barbour

, officer, sold 5,667 shares at $105.65 on May 17, and now directly holds 4,298 shares.

Marlin Business Services Corp.

John J. Calamari

, director, sold 1,208 shares at $23.56 on May 15, and now directly holds 22,764 shares.

Daniel P. Dyer, chief executive officer, sold 12,270 shares at $23.61 on May 16, and now directly holds 395,164 shares.

George D. Pelose, chief operating officer, sold 13,059 shares at $23.90 on May 15, and now directly holds 178,156 shares.

Edward John Siciliano, officer, sold 8,413 shares at $23.95 to $24.00 May 16 to May 17, and now directly holds 90,573 shares.

Merck & Co. Inc.

Adele D. Ambrose

, officer, sold 34,208 shares at $46.66 on May 15, and now directly holds 13,808 shares.

PNC Financial Services Group

Joan L. Gulley

, officer, sold 1,500 shares at $70.15 on May 15, and now directly holds 25,696 shares.

Joseph C. Guyaux, officer, sold 104,207 shares at $70.68 on May 16, and now directly holds 67,875 shares.

Neil F. Hall, officer, sold 6,606 shares at $70.00 on May 14, and now directly holds 32,095 shares.

Quaker Chemical Corp.

D. Jeffry Benoliel

, officer, sold 6,670 shares at $63.15 to $63.32 May 14 to May 15, and now directly holds 124,596 shares.

L. Wilbert Platzer, officer, sold 3,000 shares at $65.00 on May 17, and now directly holds 16,395 shares.

SEI Investments Co.

N. Jeffrey Klauder

, officer, sold 40,000 shares at $29.34 to $30.35 on May 14 to May 17, and now directly holds 17,964 shares.

South Jersey Industries Inc.

Walter M. Higgins III

, director, bought 50 shares at $59.09 on May 15, and now directly holds 7,331 shares.

Kevin D. Patrick, officer, sold 700 shares at $59.77 on May 15, and now directly holds 7,477 shares.

Joseph H. Petrowski, director, bought 1,000 shares at $59.78 on May 15, and now directly holds 10,531 shares.

Sunoco Logistics Partners L.P.

Martin Salinas

, chief financial officer, bought 2,750 shares at $62.86 on May 14, and now directly holds 5,150 shares.

TE Connectivity S.A.

Thomas J. Lynch

, chief executive officer, sold 59,834 shares at $44.41 on May 13, and now directly holds 307,396 shares.

Unisys Corp.

Dominick Cavuoto

, officer, sold 15,927 shares at $18.25 on May 13, and now directly holds 26,466 shares.

Edward Colbey Davies, officer, sold 25,999 shares at $18.65 on May 16, and now directly holds 32,244 shares.

Universal Health Services Inc.

Alan B. Miller

, chief executive officer, sold 15,000 shares at $68.50 to 68.52 on May 15, and now indirectly holds 1,034,830 shares.

Marc D. Miller, president, sold 15,000 shares at $68.50 to 68.52 on May 15, and now indirectly holds 562,647 shares.

Anthony D. Pantaleoni, director, sold 18,000 shares at $67.49 to $67.50 on May 13, and now directly holds 680 shares.

West Pharmaceutical Services

John R. Gailey III

, general counsel, sold 9,282 shares at $68.54 on May 20, and now directly holds 38,233 shares.

L. Robert Johnson, director, sold 4,000 shares at $67.80 on May 17, and now directly holds 24,112 shares.