SEC Form 4 · accession 0000927089-15-000305
PRUDENTIAL BANCORP, INC. · PBIP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph R Corrato
Officer — EVP and CFO · Director
Period of report
May 19, 2015
Accepted (ET)
May 21, 2015 · 5:20 pm EDT
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 | May 19, 2015 | I | 621 | $12.65 | A | 7,307 | I | By 401(k) Plan |
| Common StockF2 | holding | — | — | — | 48,447 | D | ||
| Common Stock | holding | — | — | — | 80 | I | By Son | |
| Common StockF3 | holding | — | — | — | 13,399 | 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 | holding | — | — | — | Feb 18, 2016 | Feb 18, 2025 | Common Stock | 75,000 | 75,000 | D |
| Stock OptionF5 | $11.84 | holding | — | — | — | Jan 5, 2010 | Jan 5, 2019 | Common Stock | 53,302 | 53,302 | D |
| Stock OptionF6 | $7.68 | holding | — | — | — | Jan 5, 2014 | Jan 5, 2023 | Common Stock | 12,746 | 12,746 | D |
Explanation of responses
- F1Reflects units which represent share interests in the issuer's 401(k) Plan. Also reflects units acquired in the issuer's 401(k) Plan since the last ownership report filed by the reporting person.
- F2Includes 2,266 shares held in the 2008 Recognition and Retention Plan Trust which reflects the unvested portion of a grant award originally covering 3,776 shares of common stock that are vesting at the rate of 20% per year commencing on January 5, 2014. Also include grant of 30,000 shares pursuant to the 2014 Stock Incentive Plan that vest 20% per year commencing on February 18, 2016.
- F3Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
- F4The options are vesting at a rate of 20% per year commencing on February 18, 2016.
- F5The options vested at a rate of 20% per year commencing on January 5, 2010.
- F6The options are vesting at a rate of 20% per year commencing on January 5, 2014.