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

Role
Sr Executive Vice President
Signature
John R. Merva, Attorney-in-Fact
Issuer symbol
FULT
Transactions as of
01 May 2023
Net transactions value
-$65,236
Form type
4
Filing time
03 May 2023, 16:42:02 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 Other $2,308 +160 +0.47% $14.44 34,443 02 Mar 2023 Direct F1, F2
transaction FULT $2.50 par value Common Stock Options Exercise $0 +14,503 +42% $0.000000 48,946 01 May 2023 Direct
transaction FULT $2.50 par value Common Stock Tax liability $67,544 -5,729 -12% $11.79 43,217 01 May 2023 Direct
holding FULT $2.50 par value Common Stock 817 01 May 2023 By Child 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 -14,503 -100% $0.000000* 0 01 May 2023 $2.50 par value Common Stock 14,503 Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Purchase made with cash in the Employee Stock Purchase Plan.
F2 Includes 33,722 shares held jointly with spouse.
F3 Includes 7.2150 shares acquired on January 18, 2023 and 8.9564 shares acquired on April 18, 2023 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, 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.