Joseph B. Zanco - Sep 1, 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
Stock symbol: CLST
Transactions as of: Sep 1, 2022
Transactions value $: $0
Form type: 4/A - Amendment
Date filed: 1/26/2023, 02:53 PM
Date Of Original Report: Sep 2, 2022
Previous filing: Oct 14, 2021
Next filing: May 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CLST	Common Stock	Award	$0	+21.2K	+211.6%	$0.00	31.2K	Sep 1, 2022	Direct	F1
holding	CLST	Common Stock						15K	Sep 1, 2022	By Spouse
holding	CLST	Common Stock						357	Sep 1, 2022	By 401(k) Plan	F2, F3
holding	CLST	Common Stock						622	Sep 1, 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	+52.9K		$0.00	52.9K	Sep 1, 2022	Common Stock	52.9K	$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.

Remarks:

Correct 9/2/2022 filing for Item 4. Securities were acquired not disposed. Total amount of Securities were listed correct and no other changes were made.