SEC Form 4 · accession 0001225208-17-001982

Beneficial Bancorp Inc. · BNCL

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

Reporting owner

Officer — SVP--Chief Credit Officer

Period of report

Jan 26, 2017

Accepted (ET)

Jan 30, 2017 · 3:17 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^F1	Jan 26, 2017	A	2,834	$0.00	A	2,834	I	Restricted Stock XI
Common Stock	holding	—	—		—	439	I	By IRA
Common Stock	holding	—	—		—	3,068	I	By KSOP
Common Stock^F2	holding	—	—		—	5,000	I	Restricted Stock IX
Common Stock^F3	holding	—	—		—	6,500	I	Restricted Stock VIII
Common Stock^F4	holding	—	—		—	20,000	I	Restricted Stock X

No Table II lines on this filing.

F1Shares of restricted stock vest in 3 equal annual installments with the first 33 1/3% vesting on January 26, 2018, the first anniversary of the date of the award.
F2These restricted shares are subject to a three-year cliff vesting schedule whereby no shares vest on the first and second anniversaries of the award, 60% of the shares vest on January 28, 2019, the third anniversary of the award, and thereafter, 20% of the shares each vest on the fourth and fifth anniversaries of the award.
F3These restricted shares are subject to a three-year cliff vesting schedule whereby no shares vest on the first and second anniversaries of the award, 60% of the shares vest on February 06, 2018, the third anniversary of the award, and thereafter, 20% of the shares each vest on the fourth and fifth anniversaries of the award.
F4Shares of restricted stock vest in 3 equal annual installments with the first 33 1/3% vesting on June 9, 2017, the first anniversary of the date of the award.