SEC Form 4 · accession 0000927089-18-000138

PRUDENTIAL BANCORP, INC. · PBIP

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Vice President, COO

Period of report

Mar 21, 2018

Accepted (ET)

Mar 23, 2018 · 5:50 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 Stock^F1	Mar 21, 2018	A	7,500	$0.00	A	22,796	D
Common Stock^F2	holding	—	—		—	3,356	I	By 401(k) Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option^F3	$18.46	Mar 21, 2018	A	45,000	A	Mar 21, 2019	Mar 21, 2028	Common Stock	45,000	45,000	D
Stock Option^F4	$14.42	holding	—	—	—	Aug 17, 2017	Aug 17, 2026	Common Stock	15,000	15,000	D

F1Represents the grant of 5,791 shares and 1,709 shares pursuant to the 2014 Stock Incentive Plan (the "2014 SIP") and the 2008 Recognition and Retention Plan and Trust Agreement ("2008 RRP"), respectively, that vest 20% per year commencing on March 21, 2019. Also, includes 22 shares which reflects the unvested portion of a grant originally covering 27 shares granted pursuant to the 2014 SIP and 5,979 shares which reflects the unvested portion of a grant originally covering 7,473 shares granted pursuant to the 2008 RRP. The grants vest 20% per year commencing on August 17, 2017. Also, includes 2,796 shares that were distributed to the reporting person from the Issuer's ESOP in connection with its termination.
F2Reflects units which represent share interests in the Issuer's 401(k) Plan; includes units acquired since the last filing by the reporting person.
F3The options vest at the rate of 20% per year commencing March 21, 2019.
F4The options vest at the rate of 20% per year commencing August 17, 2017.