Howard Kent - Mar 6, 2023 Form 4 Insider Report for MALVERN BANCORP, INC. (MLVF)

Role: Director
Signature: /s/ Nathaniel Jordan
Stock symbol: MLVF
Transactions as of: Mar 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/7/2023, 04:27 PM
Previous filing: Mar 3, 2023
Next filing: Apr 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MLVF	Common Stock	Award	$0	+700	+0.42%	$0.00	166K	Mar 6, 2023	Direct	F1
holding	MLVF	Common Stock						38.7K	Mar 6, 2023	By Marcia Kent Spousal Trust

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	MLVF	Stock Option (right to buy)	Award	$0	+1K		$0.00	1K	Mar 6, 2023	Common Stock	1K	$17.86	Direct	F2

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

Explanation of Responses:

Id	Content
F1	The 700 restricted shares vest in five (5) annual twenty percent (20%) increments beginning on the one year anniversary of the grant date and were granted under the Company's 2014 Long-Term Incentive Compensation Plan.
F2	This restricted stock option becomes exercisable in five (5) annual, twenty percent (20%) increments beginning on the one-year anniversary of the grant date and was granted under the Company's 2014 Long-Term Incentive Compensation Plan.