SEC Form 4 · accession 0000908662-19-000021
PDL Community Bancorp · PDLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maria Alvarez
Director
Period of report
Jan 31, 2019
Accepted (ET)
Jan 31, 2019 · 6:32 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001703489
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 31, 2019 | A | 29,725 | $0.00 | A | 29,725 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common StockF2 | $12.93 | Jan 31, 2019 | A | 8,918 | A | Jan 31, 2022 | Jan 31, 2029 | Common Stock | 8,918 | 8,918 | D |
Explanation of responses
- F1Shares of restricted stock vest annually at a rate of 30% on January 31, 2022, and an additional 10% on January 31 of each year thereafter, ending on January 31, 2029.
- F2Stock options vest annually at a rate of 30% on January 31, 2022, and an additional 10% on January 31 of each year thereafter, ending on January 31, 2029.