Steven Tsavaris - 03 Jun 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
03 Jun 2022
Transactions value $
$19,120
Form type
4
Date filed
07 Jun 2022, 11:40
Previous filing
05 Apr 2022
Next filing
13 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDLB Common Stock Purchase $19.1K +2K +0.67% $9.56 300K 03 Jun 2022 Direct F1, F2, F3
holding PDLB Common Stock 27.9K 03 Jun 2022 By Wife
holding PDLB Common Stock 8.32K 03 Jun 2022 By ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted-average price. These shares were purchased in three transactions at prices of $9.56, $9.49 and $9.55. The reporting person undertakes to provide to Ponce Financial Group, Inc., any security holder of Ponce Financial Group, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of share purchased at each separate price within the range set forth in this footnote.
F2 Includes 16,277 restricted stock units vest annually at a rate of 33.33% per year commencing on April 1, 2023.
F3 Includes 82,946 shares of restricted stock units, of which 41,473 shares vest on December 4, 2022 and the remainder vest on December 4, 2023.