Angela M. Sargent - 01 May 2024 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Role: SEVP & Chief Info Officer
Signature: John R. Merva, Attorney-in-Fact
Issuer symbol: FULT
Transactions as of: 01 May 2024
Net transactions value: -$129,366
Form type: 4
Filing time: 03 May 2024, 11:28:36 UTC
Previous filing: 08 Feb 2024
Next filing: 10 Feb 2025
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	+20,886	+23%	$0.000000	111,414	01 May 2024	Direct	F1
transaction	FULT	$2.50 par value Common Stock	Tax liability	$129,366	-7,655	-6.9%	$16.90	103,759	01 May 2024	Direct	F2
holding	FULT	$2.50 par value Common Stock						1,025	01 May 2024	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	-20,886	-100%	$0.000000^*	0	01 May 2024	$2.50 par value Common Stock	20,886		Direct	F4, F5
transaction	FULT	Restricted Stock Units	Award	$0	+5,772		$0.000000	5,772	01 May 2024	$2.50 par value Common Stock	5,772		Direct	F6, F7, F8

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

Explanation of Responses:

Id	Content
F1	Includes 948.90056 shares acquired on January 17, 2024, and 1038.13436 shares acquired on April 17, 2024, pursuant to dividend reinvestment.
F2	Represents shares withheld to cover the reporting person's tax liability.
F3	Includes 10.68820 shares acquired on January 17, 2024, and11.6022 shares acquired on April 17, 2024, 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, 2024. The PSUs were granted on May 1, 2021. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of 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.
F6	Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
F7	Restricted stock unit award granted May 1, 2024 under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
F8	The restricted stock units cliff vest three years from the grant date. Vested shares will be delivered to the reporting person three years from the grant date.