SEC Form 4 · accession 0000939057-16-001014
PROVIDENT FINANCIAL HOLDINGS INC · PROV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert Scott Ritter
Officer — Senior Vice President
Period of report
Sep 27, 2016
Accepted (ET)
Sep 28, 2016 · 11:59 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001010470
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, Par Value $0.01F1 | Sep 27, 2016 | A | 15,000 | $0.00 | A | 15,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF2 | $19.79 | Sep 27, 2016 | A | 20,000 | A | Sep 27, 2018 | Sep 27, 2026 | Common Stock | 20,000 | 20,000 | D |
Explanation of responses
- F1The direct ownership of 15,000 shares is the result of the restricted stock award granted on September 27, 2016 from the 2013 Equity Incentive Plan, where fifty percent vests on 9/27/2018 and the remaining fifty percent vests on 9/27/2020.
- F2Mr. Ritter was granted 20,000 options to acquire 20,000 shares of Common Stock under Provident's 2013 Equity Incentive Plan. Fifty percent of the grant vests on 9/27/2018 and the remaining fifty percent vests on 9/27/2020.