SEC Form 4 · accession 0001225208-18-014748
Beneficial Bancorp Inc. · BNCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank Farnesi
Director
Period of report
Oct 18, 2018
Accepted (ET)
Oct 19, 2018 · 1:07 pm 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 18, 2018 | D | 27,546 | $0.00 | D | 0 | I | Restricted Stock X |
| Common Stock | holding | — | — | — | 128,559 | D | ||
| Common StockF1 | holding | — | — | — | 880 | I | Restricted Stock VII | |
| Common StockF2 | holding | — | — | — | 3,614 | I | Restricted Stock XIII |
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)F3 | $7.59 | holding | — | — | — | — | Mar 9, 2019 | Common Stock | 5,499 | 5,499 | D |
| Stock Option (Right to Buy)F3 | $7.62 | holding | — | — | — | — | May 27, 2021 | Common Stock | 5,499 | 5,499 | D |
| Stock Option (Right to Buy)F3 | $8.30 | holding | — | — | — | — | Mar 23, 2022 | Common Stock | 10,999 | 10,999 | D |
| Stock Option (Right to Buy)F3 | $8.40 | holding | — | — | — | — | Jan 17, 2023 | Common Stock | 21,998 | 21,998 | D |
| Stock Option (Right to Buy)F3 | $8.82 | holding | — | — | — | — | Mar 5, 2020 | Common Stock | 5,499 | 5,499 | D |
| Stock Option (Right to Buy)F4 | $10.77 | holding | — | — | — | — | Feb 20, 2024 | Common Stock | 24,197 | 24,197 | D |
Explanation of responses
- F1Shares 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.
- F2Shares of restricted stock will fully vest on January 25, 2019.
- F3Stock options are fully vested and exercisable.
- F4Stock 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.