SEC Form 4 · accession 0000927089-16-000926
PRUDENTIAL BANCORP, INC. · PBIP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Anthony V. Migliorino
Officer — Executive Vice President, COO
Period of report
Aug 17, 2016
Accepted (ET)
Aug 19, 2016 · 3:08 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 | Aug 17, 2016 | A | 7,500 | $0.00 | A | 9,500 | D | |
| Common StockF2 | holding | — | — | — | 746 | I | By 401(k) Plan |
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 | 15,000 | A | Aug 17, 2017 | Aug 17, 2026 | Common Stock | 15,000 | 15,000 | D |
Explanation of responses
- F1Represents the grant of 27 shares pursuant to the 2014 Stock Incentive Plan and 7,473 shares pursuant to the 2008 Recognition and Retention Plan and Trust Agreement. The grants vest 20% per year commencing on August 17, 2017.
- F2Reflects units which represent share interests in the Issuer's 401(k) Plan.
- F3The options vest at the rate of 20% per year commencing August 17, 2017.