Kenneth J. Stephon - 25 Jul 2022 Form 4 Insider Report for William Penn Bancorporation (WMPN)

Role: President & CEO, Director
Signature: /s/ Kenneth J. Stephon
Issuer symbol: WMPN
Transactions as of: 25 Jul 2022
Net transactions value: +$143,638
Form type: 4
Filing time: 25 Jul 2022, 13:59:23 UTC
Previous filing: 18 May 2022
Next filing: 28 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMPN	Common Stock	Purchase	$143,638	+12,500	+121%	$11.49	22,825	25 Jul 2022	Direct	F1
holding	WMPN	Common Stock						24,289	25 Jul 2022	By 401(k)
holding	WMPN	Common Stock						5,574	25 Jul 2022	By ESOP
holding	WMPN	Common Stock						35,280	25 Jul 2022	By IRA
holding	WMPN	Common Stock						126,400	25 Jul 2022	By Stock Award	F2

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	WMPN	Stock Option (right to buy)						316,000	25 Jul 2022	Common Stock	316,000	$11.61	Direct	F3

* 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 multiple transactions at prices ranging from $11.48 to $11.50, inclusive. The reporting person undertakes to provide to William Penn Bancorporation, any security holder of William Penn Bancorporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
F2	Stock Awards granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan, vest in five equal annual installments commencing on May 17, 2023.
F3	Stock Options granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan, vest in five equal annual installments commencing on May 17, 2023.