E. Philip Wenger - Mar 16, 2023 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Role: Director
Signature: Mark A. Crowe, Attorney-in-Fact
Stock symbol: FULT
Transactions as of: Mar 16, 2023
Transactions value $: -$663,331
Form type: 4
Date filed: 5/3/2023, 04:31 PM
Previous filing: Feb 9, 2023
Next filing: Jun 5, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FULT	$2.50 par value Common Stock	Sale	-$8	-0.527	-99.49%	$15.33	0	Mar 16, 2023	By 401(k)	F1, F2
transaction	FULT	$2.50 par value Common Stock	Options Exercise	$0	+129K	+35.83%	$0.00	490K	May 1, 2023	Direct	F3
transaction	FULT	$2.50 par value Common Stock	Tax liability	-$663K	-56.3K	-11.47%	$11.79	434K	May 1, 2023	Direct	F3
holding	FULT	$2.50 par value Common Stock						3.75K	Mar 16, 2023	By 401(k) Spouse	F4
holding	FULT	$2.50 par value Common Stock						411	Mar 16, 2023	By Children	F5
holding	FULT	$2.50 par value Common Stock						96.6K	Mar 16, 2023	By IRA

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	-129K	-100%	$0.00^*	0	May 1, 2023	$2.50 par value Common Stock	129K		Direct	F6, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Unintended sale of fractional shares by broker when shares were transferred between accounts for the reporting person. No whole shares were sold.
F2	As of March 16, 2023, 401(k) was 96,626.5273 and shares transferred to IRA.
F3	Includes 144,296.52610 shares held jointly with spouse.
F4	Based on Plan Statement as of April 30, 2023.
F5	Includes 3.3133 shares acquired on January 18, 2023 and 4.111 shares acquired on April 18, 2023, pursuant to dividend reinvestment.
F6	Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
F7	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.