Beth Ann L. Chivinski - 01 May 2023 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Role: Sr EVP & Chief Risk Officer
Signature: John R. Merva, Attorney-in-Fact
Issuer symbol: FULT
Transactions as of: 01 May 2023
Net transactions value: -$151,828
Form type: 4
Filing time: 03 May 2023, 16:31:30 UTC
Previous filing: 09 Feb 2023
Next filing: 08 Feb 2024
SEC: View on sec.gov

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	+29,302	+36%	$0.000000	109,744	01 May 2023	Direct
transaction	FULT	$2.50 par value Common Stock	Tax liability	$151,828	-12,878	-12%	$11.79	96,866	01 May 2023	Direct
holding	FULT	$2.50 par value Common Stock						10,542	01 May 2023	By 401(k)	F1

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	-29,302	-100%	$0.000000^*	0	01 May 2023	$2.50 par value Common Stock	29,302		Direct	F2, F3

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

Explanation of Responses:

Id	Content
F1	Based on Plan Statement as of April 30, 2023.
F2	Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
F3	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.