Maria Alvarez - 16 Feb 2022 Form 3/A - Amendment Insider Report for Ponce Financial Group, Inc. (PDLB)

Role
Director
Signature
/s/Frank Perez as attorney in fact
Issuer symbol
PDLB
Transactions as of
16 Feb 2022
Net transactions value
$0
Form type
3/A - Amendment
Filing time
16 Feb 2022, 09:22:05 UTC
Date Of Original Report
28 Jan 2022
Previous filing
28 Jan 2022
Next filing
05 Apr 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 16 Feb 2022 Direct F1
holding PDLB Common Stock 1,430 16 Feb 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 16 Feb 2022 Common Stock 12,442 $9.27 Direct F2, F3
* 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.
F3 This amendment to Form 3 is filed to correct the exercise price of the options, which was incorrectly reported in the prior form.