Peter McIntyre Brown - Sep 22, 2022 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
SVP and CLO
Signature
/s/ John S. Fitzgerald, Pursuant to Power of Attorney
Stock symbol
MGYR
Transactions as of
Sep 22, 2022
Transactions value $
$0
Form type
4
Date filed
9/26/2022, 12:33 PM
Previous filing
Jul 16, 2021
Next filing
May 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $0 +14K $0.00 14K Sep 22, 2022 Direct F1
holding MGYR Common Stock 3.33K Sep 22, 2022 By 401(k)
holding MGYR Common Stock 3.17K Sep 22, 2022 By ESOP

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 +30K $0.00 30K Sep 22, 2022 Common Stock 30K $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.