Angela M. Sargent - 01 May 2023 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Signature
John R. Merva, Attorney-in-Fact
Issuer symbol
FULT
Transactions as of
01 May 2023
Net transactions value
-$107,552
Form type
4
Filing time
03 May 2023, 16:30:26 UTC
Previous filing
09 Feb 2023
Next filing
08 Feb 2024

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 +23,603 +33% $0.000000 95,384 01 May 2023 Direct F1
transaction FULT $2.50 par value Common Stock Tax liability $107,552 -9,122 -9.6% $11.79 86,261 01 May 2023 Direct
holding FULT $2.50 par value Common Stock 978 01 May 2023 By Child F2

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 -23,603 -100% $0.000000* 0 01 May 2023 $2.50 par value Common Stock 23,603 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 633.75860 shares acquired on January 19, 2023 and 718.490783 shares acquired on April 18, 2023, pursuant to dividend reinvestment.
F2 Includes 8.6309 shares acquired on January 18, 2023 and 10.7138 shares acquired on April 18, 2023, pursuant to dividend reinvestment.
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, 2023. The PSUs were granted on May 1, 2020. 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.