Stephen Distler - 24 Jan 2024 Form 4 Insider Report for Princeton Bancorp, Inc. (BPRN)

Role
Director
Signature
Stephen Distler, by Edward Hogan as attorney-in-fact
Issuer symbol
BPRN
Transactions as of
24 Jan 2024
Net transactions value
$0
Form type
4
Filing time
25 Jan 2024, 12:29:13 UTC
Previous filing
30 Jan 2023
Next filing
31 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BPRN Common Stock Options Exercise $0 +1,000 +1.1% $0.000000 96,046 25 Jan 2024 Direct F1
holding BPRN Common Stock 33,446 24 Jan 2024 By Family Limited Partnership
holding BPRN Common Stock 45,000 24 Jan 2024 By MLPFS as custodian for 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 BPRN Restricted Stock Units Options Exercise $0 -1,000 -100% $0.000000* 0 25 Jan 2024 Common Stock 1,000 $0.000000 Direct F2
transaction BPRN Restricted Stock Award $0 +1,250 $0.000000 1,250 24 Jan 2024 Common Stock 1,250 $0.000000 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired pursuant to the vesting of the restricted stock unit award discussed in footnote 2.
F2 Each restricted stock unit represents a contingent right to receive one share of common stock. The restricted stock units vested after a one-year cliff vesting period on the first anniversary of the January 25, 2023 grant date.
F3 Restricted stock units convert into common stock on a one-for-one basis. On January 24, 2024, the reporting person was granted 1,250 restricted stock units, vesting in full on the first anniversary date of the grant.