SEC Form 4 · accession 0001225208-15-002314

Beneficial Bancorp Inc. · BNCL

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

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Frank Farnesi

Director

Period of report

Jan 17, 2015

Accepted (ET)

Jan 29, 2015 · 3:23 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001615418

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock	Jan 17, 2015	J	1,100	$0.00	A	59,394	D
Common Stock^F2	Jan 17, 2015	J	1,100	$0.00	D	3,300	I	Restricted Stock VI
Common Stock	holding	—	—		—	5,000	I	By Trust
Common Stock^F3	holding	—	—		—	550	I	Restricted Stock III
Common Stock^F4	holding	—	—		—	1,100	I	Restricted Stock IV
Common Stock^F5	holding	—	—		—	1,650	I	Restricted Stock V
Common Stock^F6	holding	—	—		—	4,399	I	Restricted Stock VII

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Buy)^F7	$8.40	holding	—	—	—	—	Jan 17, 2023	Common Stock	21,998	21,998	D
Stock Option (Right to Buy)^F8	$10.77	holding	—	—	—	—	Feb 20, 2024	Common Stock	24,197	24,197	D
Stock Option (Right to Buy)^F9	$8.82	holding	—	—	—	—	Mar 5, 2020	Common Stock	5,499	5,499	D
Stock Option (Right to Buy)^F10	$7.59	holding	—	—	—	—	Mar 9, 2019	Common Stock	5,499	5,499	D
Stock Option (Right to Buy)^F11	$8.30	holding	—	—	—	—	Mar 23, 2022	Common Stock	10,999	10,999	D
Stock Option (Right to Buy)^F12	$7.62	holding	—	—	—	—	May 27, 2021	Common Stock	5,499	5,499	D
Stock Option (Right to Buy)^F10	$10.78	holding	—	—	—	—	Aug 6, 2018	Common Stock	54,995	54,995	D

Explanation of responses

F1Since the reporting person's last report, 1,100 shares of restricted stock have vested and are now held directly.
F10Stock options are fully vested and exercisable.
F11Stock options vest in 5 equal annual installments with the first 20% vesting on March 23, 2013, the first anniversary of the date of the grant.
F12Stock options vest in 5 equal annual installments with the first 20% vesting on May 27, 2012, the first anniversary of the date of the grant.
F2Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on January 17, 2014, the first anniversary of the date of the award.
F3Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on March 5, 2011, the first anniversary of the date of the award.
F4Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on May 27, 2012, the first anniversary of the date of the award.
F5Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on March 23, 2013, the first anniversary of the date of the award.
F6Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on February 20, 2015, the first anniversary of the date of the award.
F7Stock options vest in 5 equal annual installments with the first 20% vesting on January 17, 2014, the first anniversary of the date of the grant.
F8Stock options vest in 5 equal annual installments with the first 20% vesting on February 20, 2015, the first anniversary of the date of the grant.
F9Stock options vest in 5 equal annual installments with the first 20% vesting on March 5, 2011, the first anniversary of the date of the grant.