Maria Alvarez - Apr 1, 2022 Form 4 Insider Report for Ponce Financial Group, Inc. (PDLB)

Role
Director
Signature
/s/Frank Perez, as attorney in fact
Stock symbol
PDLB
Transactions as of
Apr 1, 2022
Transactions value $
$145,659
Form type
4
Date filed
4/5/2022, 02:41 PM
Previous filing
Feb 16, 2022
Next filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding PDLB Common Stock 43K Apr 1, 2022 Direct F1
holding PDLB Common Stock 1.43K Apr 1, 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
transaction PDLB Stock Options Award $146K +14K $10.44 14K Apr 1, 2022 Common Stock 14K $10.44 Direct F2
holding PDLB Stock Options 12.4K Apr 1, 2022 Common Stock 12.4K $9.27 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 29,032 shares of restricted stock units, of which 4,147 shares vest on January 31, 2023 and an additional 4,977 shares vest on January 31 of each year thereafter, ending on January 31, 2028.
F2 These 13,952 stock options vest annually at a rate of 33.33% per year beginning April 1, 2022
F3 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.