SEC Form 4 · accession 0001225208-19-001485
Beneficial Bancorp Inc. · BNCL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Donahue
Director
Period of report
Jan 25, 2019
Accepted (ET)
Jan 29, 2019 · 6:32 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 25, 2019 | J | 2,410 | $0.00 | A | 53,544 | D | |
| Common StockF2 | Jan 25, 2019 | J | 2,410 | $0.00 | D | 0 | I | Restricted Stock XIII |
| Common StockF3 | holding | — | — | — | 275 | I | Restricted Stock |
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)F4 | $13.11 | holding | — | — | — | — | Sep 17, 2025 | Common Stock | 2,750 | 2,750 | D |
Explanation of responses
- F1Since the reporting person's last report, 2,410 shares of restricted stock have vested and are now held directly.
- F2Shares of restricted stock were fully vested on January 25, 2019.
- F3Shares of restricted stock vest in 5 equal annual installments beginning on September 17, 2016, the first anniversary of the date of the award.
- F4Stock options vest in 5 equal annual installments with the first 20% vesting on September 17, 2016, the first anniversary of the date of the grant.