SEC Form 4 · accession 0000939057-17-000113
PROVIDENT FINANCIAL HOLDINGS INC · PROV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Weiant
Officer — Senior Vice President
Period of report
Mar 17, 2017
Accepted (ET)
Mar 17, 2017 · 4:37 pm 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 | Mar 17, 2017 | M | 20,000 | $7.43 | A | 39,466 | D | |
| Common Stock, Par Value $0.01F1 | Mar 17, 2017 | S | 20,000 | $18.70 | D | 19,466 | 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 | $7.43 | Mar 17, 2017 | M | 20,000 | D | Jun 20, 2013 | Jun 20, 2021 | Common Stock | 20,000 | 67,500 | D |
Explanation of responses
- F1The ownership of 19,466 shares includes 6,250 shares from the restricted stock award granted on September 30, 2014 from the 2010 Equity Incentive Plan with 6,250 shares vesting on September 30, 2018; and, indirect ownership of 6,920 shares in Mr. Weiant's Employee Stock Ownership Plan account.
- F2Previously, Mr. Weiant has been granted 50,000 options to acquire 50,000 shares of common stock under Provident's 2003 Stock Option Plan. The options are currently exercisable and expire on July 26, 2017. Mr. Weiant has also been granted 17,500 options to acquire 17,500 shares of common stock under Provident's 2010 Equity Incentive Plan with 50% currently exercisable and the remaining 50% exercisable on September 30, 2018, all of which expire on September 30, 2024.