SEC Form 4 · accession 0001209191-18-061642
PDL Community Bancorp · PDLB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven Tsavaris
Officer — Executive Chairman
Period of report
Dec 4, 2018
Accepted (ET)
Dec 7, 2018 · 6:17 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 | Dec 4, 2018 | A | 148,627 | $0.00 | A | 178,627 | D | |
| Common Stock | holding | — | — | — | 20,000 | I | By Wife | |
| Common Stock | holding | — | — | — | 1,610 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $12.77 | Dec 4, 2018 | A | 44,588 | A | Dec 4, 2019 | Dec 3, 2028 | Common Stock | 44,588 | 44,588 | D |
Explanation of responses
- F1Shares of restricted stock vest annually at a rate of 20% per year commencing on December 4, 2019.
- F2Stock options vest annually at a rate of 20% per year commencing on December 4, 2019.