Maria Alvarez - 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, 11:04:38 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						42,972	27 Jan 2022	Direct	F1
holding	PDLB	Common Stock						1,430	27 Jan 2022	By 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
holding	PDLB	Stock Options							27 Jan 2022	Common Stock	12,442	$12.93	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Consists entirely of restricted stock units which vest annually at a rate of 30% on January 31, 2022, 10% on January 31, 2023 and an additional 12% on January 31 of each year thereafter, ending on January 31, 2028.
F2	Stock options vest annually at a rate of 30% on January 31, 2022, 10% on January 31, 2023 and an additional 12% on January 31 of each year thereafter, ending on January 31, 2028.