John S. Fitzgerald - 22 Sep 2022 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
President and CEO, Director
Signature
/s/ Jon Ansari, Pursuant to Power of Attorney
Issuer symbol
MGYR
Transactions as of
22 Sep 2022
Net transactions value
$0
Form type
4
Filing time
26 Sep 2022, 12:32:27 UTC
Previous filing
18 Feb 2022
Next filing
28 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $0 +32,120 +69% $0.000000 78,456 22 Sep 2022 Direct F1
holding MGYR Common Stock 13,976 22 Sep 2022 By ESOP
holding MGYR Common Stock 12,823 22 Sep 2022 By IRA
holding MGYR Common Stock 37,197 22 Sep 2022 By 401(k)

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 MGYR Stock Options Award $0 +60,000 $0.000000 60,000 22 Sep 2022 Common Stock 60,000 $12.70 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 20% per year commencing on September 22, 2023.
F2 Stock options vest at a rate of 20% per year commencing on September 22, 2023.