Angela M. Snyder - May 1, 2021 Form 4/A - Amendment Insider Report for FULTON FINANCIAL CORP (FULT)

Role
Sr Executive Vice President
Signature
John R. Merva, Attorney-in-Fact
Stock symbol
FULT
Transactions as of
May 1, 2021
Transactions value $
-$76,749
Form type
4/A - Amendment
Date filed
8/10/2021, 04:57 PM
Date Of Original Report
May 5, 2021
Next filing
Feb 11, 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 +12.4K +59.85% $0.00 33.2K May 1, 2021 Direct
transaction FULT $2.50 par value Common Stock Sale -$76.7K -4.5K -13.55% $17.05 28.7K May 1, 2021 Direct

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 Performance Stock Units Options Exercise $0 -12.4K -100% $0.00* 0 May 1, 2021 $2.50 par value Common Stock 12.4K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
F2 Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2021. The PSUs were granted on May 1, 2018. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of return on assets, total shareholder return, relative to a defined peer group, and net income goals during the applicable performance periods, as specified at the time of grant.

Remarks:

Amending a Form 4 that was previously filed on May 5, 2021, which inadvertently omitted the April 15, 2021 accrued dividend. Approximately 101 PSUs were not applied to the reported transaction before the PSUs awarded on May 1, 2018 vested on May 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 and disposed for taxes.