E. Philip Wenger - May 1, 2022 Form 4 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, 2022
Transactions value $
-$428,315
Form type
4
Date filed
5/3/2022, 04:05 PM
Previous filing
Feb 11, 2022
Next filing
May 25, 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 +64.9K +19.53% $0.00 397K May 1, 2022 Direct F1
transaction FULT $2.50 par value Common Stock Tax liability -$428K -28.2K -7.11% $15.17 369K May 1, 2022 Direct
holding FULT $2.50 par value common stock 92.8K May 1, 2022 By 401(k) F2
holding FULT $2.50 par value common stock 3.56K May 1, 2022 By 401(k) Spouse F2
holding FULT $2.50 par value common stock 395 May 1, 2022 By Children F3

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 -64.9K -100% $0.00* 0 May 1, 2022 $2.50 par value Common Stock 64.9K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 144,296.5261 shares held jointly with spouse.
F2 Based on Plan Statement as of March 31, 2022.
F3 Includes 2.678 shares acquired on January 19, 2022 and April 20, 2022 shares acquired on 3.3644 pursuant to dividend reinvestment.
F4 Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
F5 Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2022. The PSUs were granted on May 1, 2019. 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.