Ann Chivinski Beth - May 1, 2023 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Role
Sr EVP & Chief Risk Officer
Signature
John R. Merva, Attorney-in-Fact
Stock symbol
FULT
Transactions as of
May 1, 2023
Transactions value $
-$151,828
Form type
4
Date filed
5/3/2023, 04:31 PM
Previous filing
Feb 9, 2023
Next filing
Feb 8, 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 +29.3K +36.43% $0.00 110K May 1, 2023 Direct
transaction FULT $2.50 par value Common Stock Tax liability -$152K -12.9K -11.73% $11.79 96.9K May 1, 2023 Direct
holding FULT $2.50 par value Common Stock 10.5K May 1, 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 -29.3K -100% $0.00* 0 May 1, 2023 $2.50 par value Common Stock 29.3K 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.