E. Philip Wenger - May 1, 2021 Form 4/A - Amendment Insider Report for FULTON FINANCIAL CORP (FULT)

Role
Chairman & CEO, Director
Signature
Mark A. Crowe, Attorney-in-Fact
Stock symbol
FULT
Transactions as of
May 1, 2021
Transactions value $
-$398,631
Form type
4/A - Amendment
Date filed
8/10/2021, 04:59 PM
Date Of Original Report
May 5, 2021
Next filing
May 20, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FULT $2.50 par value Common Stock Gift $0 -2.5K -0.81% $0.00 307K Apr 30, 2021 Direct F1
transaction FULT $2.50 par value Common Stock Options Exercise $0 +53.8K +17.53% $0.00 360K May 1, 2021 Direct F1
transaction FULT $2.50 par value Common Stock Tax liability -$399K -23.4K -6.49% $17.05 337K May 1, 2021 Direct F1
holding FULT $2.50 par value Common Stock 89.4K May 1, 2021 By 401(k) F2
holding FULT $2.50 par value Common Stock 3.43K May 1, 2021 By 401(k) Spouse F2
holding FULT $2.50 par value Common Stock 375 May 1, 2021 By Children

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 -53.8K -100% $0.00* 0 May 1, 2021 $2.50 par value Common Stock 53.8K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 144,296.52610 shares held jointly with spouse.
F2 Based on Plan Statement as of March 31, 2021.
F3 Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
F4 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 437 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.