Ioannis Kouzilos - 01 Apr 2022 Form 4 Insider Report for Ponce Financial Group, Inc. (PDLB)

Signature
/s/Frank Perez, as attorney in fact
Issuer symbol
PDLB
Transactions as of
01 Apr 2022
Net transactions value
+$50,457
Form type
4
Filing time
05 Apr 2022, 14:38:01 UTC
Previous filing
28 Jan 2022
Next filing
11 Dec 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PDLB Common Stock 18,744 01 Apr 2022 Direct F1
holding PDLB Common Stock 5,953 01 Apr 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 PDLB Stock Options Award $50,457 +4,833 $10.44 4,833 01 Apr 2022 Common Stock 4,833 $10.44 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 8,371 shares of restricted stock units, of which 4,186 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 April 1, 2023.