Ernest J. Waters - Jun 1, 2021 Form 4/A - Amendment Insider Report for FULTON FINANCIAL CORP (FULT)

Role
Director
Signature
John R. Merva, Attorney-in-Fact
Stock symbol
FULT
Transactions as of
Jun 1, 2021
Transactions value $
$0
Form type
4/A - Amendment
Date filed
8/10/2021, 04:59 PM
Date Of Original Report
Jun 3, 2021
Next filing
Jul 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FULT $2.50 par value Common Stock 32K Jun 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 Restricted Stock Units Award $0 +3.45K +34.88% $0.00 13.3K Jun 1, 2021 $2.50 par value Common Stock 3.45K Direct F1, F2, F3, 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 Includes restricted stock units, together with accumulated dividend equivalents, for which the forfeiture restrictions have lapsed and the reporting person has made an election to defer the conversion to common stock until after the reporting person retires or separates from the Fulton Financial Corporation Board of Directors. Dividend equivalents continue to accumulate during the deferral period.

Remarks:

Amending a Form 4 that was previously filed on June 3, 2021, which inadvertently omitted the April 15, 2021 accrued dividend. Approximately 80 restricted stock units were not applied to the reported transaction and the reporting person has elected to defer the conversion to common stock. 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.