Curtis J. Myers - 01 May 2024 Form 4/A Insider Report for FULTON FINANCIAL CORP (FULT)

Role
Chairman & CEO, Director
Signature
John R. Merva, Attorney-in-Fact
Issuer symbol
FULT
Transactions as of
01 May 2024
Net transactions value
-$360,853
Form type
4/A
Filing time
09 May 2024, 16:48:56 UTC
Date Of Original Report
03 May 2024
Previous filing
08 Feb 2024
Next filing
12 Nov 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 $4,038 +317 +0.2% $12.73 156,362 14 Mar 2024 Direct F1, F2
transaction FULT $2.50 par value Common Stock Options Exercise $0 +49,653 +32% $0.000000 206,015 01 May 2024 Direct F2
transaction FULT $2.50 par value Common Stock Tax liability $364,892 -21,591 -10% $16.90 184,424 01 May 2024 Direct F2, F3
holding FULT $2.50 par value Common Stock 57,518 01 May 2024 By 401(k) F4

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 -49,653 -100% $0.000000* 0 01 May 2024 $2.50 par value Common Stock 49,653 Direct F5, F6
transaction FULT Restricted Stock Units Award $0 +24,953 $0.000000 24,953 01 May 2024 $2.50 par value Common Stock 24,953 Direct F7, F8, F9
* 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 27,109.2094 shares held jointly with spouse.
F3 Represents shares withheld to cover the reporting person's tax liability.
F4 Based on Plan Statement as of March 31, 2024.
F5 Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
F6 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.
F7 Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
F8 Restricted stock unit award granted May 1, 2024 under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
F9 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.

Remarks:

Amending a Form 4 that was previously filed on May 3, 2024, which inadvertently overstated the number of shares withheld for taxes. This report is filed solely to correctly report the shares withheld to cover the reporting person's tax liability.