Nick R. Lugo - 27 Jan 2022 Form 3 Insider Report for Ponce Financial Group, Inc. (PDLB)

Role: Director
Signature: /s/Frank Perez, as attorney in fact
Issuer symbol: PDLB
Transactions as of: 27 Jan 2022
Net transactions value: $0
Form type: 3
Filing time: 28 Jan 2022, 11:00:56 UTC
Next filing: 16 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	PDLB	Common Stock						93,328	27 Jan 2022	Direct	F1
holding	PDLB	Common Stock						27,904	27 Jan 2022	By wife

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
holding	PDLB	Stock Options							27 Jan 2022	Common Stock	12,442	$12.77	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 16,588 shares of restricted stock units, of which 8,294 shares vest on December 4, 2022 and the remainder vest on December 4,2023
F2	Stock Options vest annually at a rate of 20% per year commencing on December 4, 2019.