William Feldman - 07 Dec 2023 Form 4 Insider Report for Ponce Financial Group, Inc. (PDLB)

Role
Director
Signature
/s/Frank Perez, as attorney in fact
Issuer symbol
PDLB
Transactions as of
07 Dec 2023
Net transactions value
+$455,275
Form type
4
Filing time
11 Dec 2023, 15:32:54 UTC
Previous filing
05 Apr 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDLB Common Stock Award $294,715 +28,530 +48% $10.33 87,810 07 Dec 2023 Direct F1, F2
holding PDLB Common Stock 7,820 07 Dec 2023 By Wife
holding PDLB Common Stock 17,770 07 Dec 2023 By IRA
holding PDLB Common Stock 13,107 07 Dec 2023 By Wife IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PDLB Premium Stock Option Award $30,990 +3,000 $10.33 3,000 07 Dec 2023 Common Stock 3,000 $10.33 Direct
transaction PDLB Premium Stock Options Award $31,560 +3,000 +100% $10.52 6,000 07 Dec 2023 Common Stock 3,000 $10.52 Direct
transaction PDLB Premium Stock Options Award $32,100 +3,000 +50% $10.70 9,000 07 Dec 2023 Common Stock 3,000 $10.70 Direct
transaction PDLB Premium Stock Options Award $32,670 +3,000 +33% $10.89 12,000 07 Dec 2023 Common Stock 3,000 $10.89 Direct
transaction PDLB Premium Stock Options Award $33,240 +3,000 +25% $11.08 15,000 07 Dec 2023 Common Stock 3,000 $11.08 Direct
holding PDLB Stock Options 12,442 07 Dec 2023 Common Stock 12,442 $9.15 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock units vest annually at a rate of 20% per year commencing on December 7, 2024.
F2 Includes 3,101shares of restricted stock units, of which 1,550 shares vest on April 1, 2024 and 1,551 shares vest on April 1, 2025
F3 Stock Options vest annually at a rate of 20% per year commencing on December 4, 2019