James R. III Moxley - 01 Jun 2021 Form 4/A - Amendment Insider Report for FULTON FINANCIAL CORP (FULT)

Role
Director
Signature
John R. Merva, Attorney-in-Fact
Issuer symbol
FULT
Transactions as of
01 Jun 2021
Net transactions value
$0
Form type
4/A - Amendment
Filing time
10 Aug 2021, 16:56:24 UTC
Date Of Original Report
03 Jun 2021
Previous filing
12 May 2021
Next filing
11 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FULT $2.50 par value Common Stock Options Exercise $0 +5,755 +9.1% $0.000000 69,347 01 Jun 2021 Direct
holding FULT $2.50 par value Common Stock 28,000 01 Jun 2021 By 401(k)
holding FULT $2.50 par value Common Stock 17,871 01 Jun 2021 By Children
holding FULT $2.50 par value Common Stock 39,115 01 Jun 2021 By Family Trust
holding FULT $2.50 par value Common Stock 1,191 01 Jun 2021 By Spouse

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 FULT Restricted Stock Units Award $0 +3,451 $0.000000 3,451 01 Jun 2021 $2.50 par value Common Stock 3,451 Direct F1, F2, F3
transaction FULT Restricted Stock Units Options Exercise $0 -5,755 -100% $0.000000* 0 01 Jun 2021 $2.50 par value Common Stock 5,755 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.
F2 Forfeiture restrictions lapse on the restricted stock units on the first anniversary of the date of grant, or earlier in accordance with the Fulton Financial Corporation Amended and Restated Director's Equity Participation Plan.
F3 The restricted stocks units, together with accumulated dividend equivalents, will convert to common stock on the first anniversary of the date of the grant or, at the election of the reporting person, in up to three equal annual installments beginning in January of the year following the year in which the reporting person retires or separates from the Fulton Financial Corporation Board of Directors.
F4 Represents 5,500 restricted stock units granted to the reporting person on June 1, 2020, together with 208.3079 accumulated dividend equivalents, for which the forfeiture restrictions lapsed on June 1, 2021. The common stock into which the restricted stock units were converted is reported in Table I of this Form 4.

Remarks:

Amending a Form 4 that was previously filed on June 3, 2021, which inadvertently omitted the April 15, 2021 accrued dividend. Approximately 47 restricted stock units were not applied to the reported transaction before the restricted stock units awarded on June 1, 2020 vested and were paid on June 1, 2021. The omission of the accrued dividend was a result of a clerical error by a third party stock plan administrator. This Form 4/A now includes the additional shares acquired upon vesting.