Joseph B. Zanco - 01 Sep 2022 Form 4/A - Amendment Insider Report for Catalyst Bancorp, Inc. (CLST)

Role: PRESIDENT AND CEO, Director
Signature: /s/ Jutta Codori by P.O.A. for Joseph B. Zanco
Issuer symbol: CLST
Transactions as of: 01 Sep 2022
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 08 Sep 2022, 15:14:53 UTC
Date Of Original Report: 02 Sep 2022
Previous filing: 14 Oct 2021
Next filing: 05 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLST	Common Stock	Award	$0	-21,160	-40%	$0.000000	31,160	01 Sep 2022	Direct	F1
holding	CLST	Common Stock						15,000	01 Sep 2022	By Spouse
holding	CLST	Common Stock						357	01 Sep 2022	By 401(k) Plan	F2, F3
holding	CLST	Common Stock						622	01 Sep 2022	By ESOP	F2, F4

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	CLST	Stock Option (Right to Buy)	Award	$0	+52,900		$0.000000	52,900	01 Sep 2022	Common Stock	52,900	$13.30	Direct	F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents the grant of shares pursuant to the Issuer's 2022 Recognition and Retention Plan and Trust Agreement that vest 20% per year commencing on September 1, 2023.
F2	The reporting person is amending this Form 4 solely to include the shares held in the 401(k) Plan and ESOP which were inadvertently omitted from the original filing.
F3	Includes shares acquired in the Catalyst Bank 401(k) Plan since the last filed Form 4, based on a report dated August 31, 2022.
F4	Includes shares allocated to the reporting person's account in the ESOP since the last filed Form 4.
F5	The options vest at a rate of 20% per year commencing on September 1, 2023.