SEC Form 4 · accession 0000927089-15-000164
PRUDENTIAL BANCORP, INC. · PBIP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Salvatore Fratanduono
Officer — *See Remarks
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 5:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001578776
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Feb 18, 2015 | A | 15,000 | $0.00 | A | 20,047 | D | |
| Common StockF3 | holding | — | — | — | 3,906 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 6,594 | 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 OptionF4 | $12.23 | Feb 18, 2015 | A | 50,000 | A | Feb 18, 2016 | Feb 18, 2025 | Common Stock | 50,000 | 50,000 | D |
| Stock OptionF5 | $11.84 | holding | — | — | — | Jan 5, 2010 | Jan 5, 2019 | Common Stock | 21,353 | 21,353 | D |
| Stock OptionF6 | $7.68 | holding | — | — | — | Jan 5, 2014 | Jan 5, 2023 | Common Stock | 5,901 | 5,901 | D |
Explanation of responses
- F1Represents the grant of shares pursuant to the 2014 Stock Incentive Plan that vest 20% per year commencing on February 18, 2016.
- F2Includes 1,247 shares held in the 2008 Recognition and Retention Plan Trust which reflects the unvested portion of a grant award in the amount of 2,077 shares of common stock that is vesting at the rate of 20% per year commencing on January 5, 2014.
- F3Reflects units which represent share interests in the Issuer's 401(k) Plan.
- F4The options vest at a rate of 20% per year commencing on February 18, 2016.
- F5The options vested at the rate of 20% per year commencing on January 5, 2010.
- F6The options are vesting at the rate of 20% per year commencing on January 5, 2014.
Remarks
Remarks: * Senior Vice President - Chief Lending Officer