SEC Form 4 · accession 0001225208-15-019939

Beneficial Bancorp Inc. · BNCL

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

Reporting owner

Robert J Maines

Officer — EVP/Chief Risk Officer

Period of report

Oct 27, 2015

Accepted (ET)

Oct 28, 2015 · 10:05 am EDT

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	Oct 27, 2015	S	480	$14.04	D	8,462	D
Common Stock	Oct 27, 2015	S	720	$14.07	D	7,742	D
Common Stock	Oct 27, 2015	S	1,527	$14.05	D	6,215	D
Common Stock	Oct 27, 2015	S	1,559	$14.06	D	4,656	D
Common Stock	holding	—	—		—	11,990	I	By KSOP
Common Stock^F1	holding	—	—		—	1,320	I	Restricted Stock II
Common Stock^F2	holding	—	—		—	1,760	I	Restricted Stock III
Common Stock^F3	holding	—	—		—	4,399	I	Restricted Stock IV
Common Stock^F4	holding	—	—		—	4,399	I	Restricted Stock V
Common Stock^F5	holding	—	—		—	8,500	I	Restricted Stock VI

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)^F6	$8.40	holding	—	—	—	—	Jan 17, 2023	Common Stock	32,997	32,997	D
Stock Option (Right to Buy)^F7	$11.41	holding	—	—	—	—	Feb 6, 2025	Common Stock	19,016	19,016	D
Stock Option (Right to Buy)^F8	$10.77	holding	—	—	—	—	Feb 20, 2024	Common Stock	32,997	32,997	D
Stock Option (Right to Buy)^F9	$8.82	holding	—	—	—	—	Mar 5, 2020	Common Stock	2,749	2,749	D
Stock Option (Right to Buy)^F9	$7.59	holding	—	—	—	—	Mar 9, 2019	Common Stock	2,749	2,749	D
Stock Option (Right to Buy)^F10	$8.30	holding	—	—	—	—	Mar 23, 2022	Common Stock	32,997	32,997	D
Stock Option (Right to Buy)^F11	$7.62	holding	—	—	—	—	May 27, 2021	Common Stock	16,498	16,498	D

Explanation of responses

F1These restricted shares vest as follows: no shares vest on the first and second anniversaries of the award; 60% of the shares vest on May 27, 2014, the third anniversary of the award; and 20% of the shares vest on each of the fourth and fifth anniversaries of the award.
F10Stock 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.
F11Stock 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.
F2These restricted shares vest as follows: no shares vest on the first and second anniversaries of the award; 60% of the shares vest on March 23, 2015, the third anniversary of the award; and 20% of the shares vest on each of the fourth and fifth anniversaries of the award.
F3These restricted shares vest as follows: no shares vest on the first and second anniversaries of the award; 60% of the shares vest on January 17, 2016, the third anniversary of the award; and 20% of the shares vest on each of the fourth and fifth anniversaries of the award.
F4These restricted shares vest as follows: no shares vest on the first and second anniversaries of the award; 60% of the shares vest on February 20, 2017, the third anniversary of the award; and 20% of the shares vest on each of the fourth and fifth anniversaries of the award.
F5These restricted shares vest as follows: no shares vest on the first and second anniversaries of the award; 60% of the shares vest on February 6, 2018, the third anniversary of the award; and 20% of the shares vest on each of the fourth and fifth anniversaries of the award.
F6Stock 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.
F7Stock options vest in 5 equal annual installments with the first 20% vesting on February 6, 2016, 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 are fully vested and exercisable.