SEC Form 4 · accession 0000927089-16-000925
PRUDENTIAL BANCORP, INC. · PBIP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dennis Pollack
Officer — President and CEO · Director
Period of report
Aug 17, 2016
Accepted (ET)
Aug 19, 2016 · 3:07 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,F2 | Aug 17, 2016 | A | 2,500 | $0.00 | A | 34,936 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionF3 | $14.42 | Aug 17, 2016 | A | 10,000 | A | Aug 17, 2017 | Aug 17, 2026 | Common Stock | 10,000 | 10,000 | D |
| Stock OptionF4 | $12.23 | holding | — | — | — | Feb 18, 2016 | Feb 18, 2025 | Common Stock | 30,000 | 30,000 | D |
Explanation of responses
- F1Represents the grant of shares pursuant to the 2014 Stock Incentive Plan that vests 20% per year commencing August 17, 2017.
- F2Includes 8,000 shares which reflects the unvested portion of a grant originally covering 10,000 shares granted pursuant to the 2014 Stock Incentive Plan that vest 20% per year commencing on February 18, 2016.
- F3The options vest at the rate of 20% per year commencing on August 17, 2017.
- F4The options vest at the rate of 20% per year commencing on February 18, 2016.