SEC Form 4 · accession 0001628280-15-000463
PROVIDENT FINANCIAL SERVICES INC · PFS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher P Martin
Officer — Chairman, President and CEO · Director
Period of report
Feb 3, 2015
Accepted (ET)
Feb 4, 2015 · 5:53 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001178970
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 3, 2015 | F | 676 | $18.16 | D | 294,959 | D | |
| Common StockF1 | holding | — | — | — | 130,814 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 17,785 | I | By Deferred Fee Plan | |
| Common StockF1 | holding | — | — | — | 10,542 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $19.10 | Feb 4, 2015 | A | 0 | A | Mar 4, 2014 | Mar 4, 2024 | Common Stock | 0 | 14,622 | D |
| Stock OptionsF3 | $16.38 | holding | — | — | — | Feb 19, 2015 | Feb 19, 2024 | Common Stock | 35,000 | 35,000 | D |
| Stock OptionsF4 | $10.34 | holding | — | — | — | Mar 4, 2013 | Mar 4, 2023 | Common Stock | 64,433 | 64,433 | D |
| Stock OptionsF4 | $10.40 | holding | — | — | — | Feb 3, 2012 | Feb 3, 2019 | Common Stock | 3,718 | 3,718 | D |
| Stock OptionsF4 | $10.40 | holding | — | — | — | Feb 3, 2010 | Feb 3, 2019 | Common Stock | 16,600 | 16,600 | D |
| Stock OptionsF4 | $12.54 | holding | — | — | — | Jan 29, 2009 | Jan 29, 2018 | Common Stock | 13,020 | 13,020 | D |
| Stock OptionsF4 | $17.94 | holding | — | — | — | Jan 29, 2008 | Jan 29, 2017 | Common Stock | 27,267 | 27,267 | D |
| Stock OptionsF4 | $18.48 | holding | — | — | — | Mar 23, 2007 | Mar 23, 2016 | Common Stock | 40,000 | 40,000 | D |
| Stock OptionsF5 | $14.50 | holding | — | — | — | Feb 24, 2012 | Feb 24, 2021 | Common Stock | 50,000 | 50,000 | D |
| Stock OptionsF6 | $15.23 | holding | — | — | — | Feb 19, 2014 | Feb 19, 2023 | Common Stock | 35,000 | 35,000 | D |
| Stock OptionsF7 | $14.88 | holding | — | — | — | Feb 3, 2013 | Feb 3, 2022 | Common Stock | 25,000 | 25,000 | D |
Explanation of responses
- F1Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F2Performance stock options granted on February 3, 2011 which vested on March 4, 2014 based on meeting certain performance criteria.
- F3Stock options vest at a rate of 20% per year over a period ending February 19, 2019.
- F4Stock options have fully vested.
- F5Stock options vest at a rate of 20% per year over a period ending February 24, 2016.
- F6Stock options vest at a rate of 20% per year over a period ending February 19, 2018.
- F7Stock options vest at a rate of 20% per year over a period ending February 3, 2017.