James R. III Moxley - 01 Jun 2023 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Role
Director
Signature
John R. Merva, Attorney-in-Fact
Issuer symbol
FULT
Transactions as of
01 Jun 2023
Net transactions value
$0
Form type
4
Filing time
05 Jun 2023, 16:31:29 UTC
Previous filing
27 Apr 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 +4,661 +5.9% $0.000000 83,331 01 Jun 2023 Direct
holding FULT $2.50 par value Common Stock 28,000 01 Jun 2023 By 401(k)
holding FULT $2.50 par value Common Stock 19,394 01 Jun 2023 By Children
holding FULT $2.50 par value Common Stock 39,115 01 Jun 2023 By Family Trust
holding FULT $2.50 par value Common Stock 1,293 01 Jun 2023 By Spouse

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 Restricted Stock Units Award $0 +6,909 $0.000000 6,909 01 Jun 2023 $2.50 par value Common Stock 6,909 Direct F1, F2, F3
transaction FULT Restricted Stock Units Options Exercise $0 -4,661 -100% $0.000000* 0 01 Jun 2023 $2.50 par value Common Stock 4,661 Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock, $2.50 par value per share.
F2 Forfeiture restrictions lapse on the restricted stock units on the first anniversary of the date of grant, or earlier in accordance with the Fulton Financial Corporation Amended and Restated 2023 Director Equity Plan.
F3 The restricted stocks units, together with accumulated dividend equivalents, will convert to common stock on the first anniversary of the date of the grant or, at the election of the reporting person, in up to three equal annual installments beginning in January of the year following the year in which the reporting person retires or separates from the Fulton Financial Corporation Board of Directors.
F4 Represents 4,465 restricted stock units granted to the reporting person on June 1, 2022, together with 195.6725 accumulated dividend equivalents, for which the forfeiture restrictions lapsed on June 1, 2023. The common stock into which the restricted stock units were converted is reported in Table I of this Form 4.