SEC Form 4 · accession 0000927089-16-000746
PRUDENTIAL BANCORP, INC. · PBIP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jeffrey Hanuscin
Officer — Vice President and Controller
Period of report
Feb 18, 2016
Accepted (ET)
Feb 22, 2016 · 4:41 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 StockF2 | Feb 18, 2016 | F | 362 | $15.30 | D | 7,798 | D | |
| Common StockF3 | holding | — | — | — | 636 | I | By 401(k) Plan | |
| Common Stock | holding | — | — | — | 944 | 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 | Jun 19, 2023 | Common Stock | 11,000 | 11,000 | D |
| Stock OptionF5 | $10.24 | holding | — | — | — | Jun 19, 2014 | Jun 19, 2023 | Common Stock | 10,171 | 10,171 | D |
Explanation of responses
- F1Disposition solely to meet tax obligation upon vesting of grant of shares pursuant to the 2014 Stock Incentive Plan.
- F2Includes 4,000 shares which reflects the unvested portion of grant originally covering 5,000 shares pursuant to the 2014 Stock Incentive Plan that vest 20% per year commencing on February 18, 2016. Also includes 2,210 shares held in the 2008 Recognition and Retention Plan and Trust which reflects the unvested portion of a grant award originally covering 3,682 shares of common stock that is vesting at the at the rate of 20% per year commencing on June 19, 2014.
- F3Reflects units which reflect 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.
- F4The options vest at the rate of 20% per year commencing on February 18, 2016.
- F5The options are vesting at the rate of 20% per year commencing on June 19, 2014.