Meg R. Mueller - 01 May 2023 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Role
SEVP
Signature
John R. Merva, Attorney-in-Fact
Issuer symbol
FULT
Transactions as of
01 May 2023
Net transactions value
-$144,832
Form type
4
Filing time
03 May 2023, 17:25:59 UTC
Previous filing
16 Mar 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 +29,602 +35% $0.000000 113,192 01 May 2023 Direct F1, F2
transaction FULT $2.50 par value Common Stock Tax liability $144,832 -12,284 -11% $11.79 100,907 01 May 2023 Direct

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 -29,602 -100% $0.000000* 0 01 May 2023 $2.50 par value Common Stock 29,602 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 939.543415 shares acquired on April 18, 2023, pursuant to dividend reinvestment.
F2 Includes 10 shares held jointly with spouse.
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.