E. Philip Wenger - Jun 1, 2024 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Role
Director
Signature
John R. Merva, Attorney-in-Fact
Stock symbol
FULT
Transactions as of
Jun 1, 2024
Transactions value $
$0
Form type
4
Date filed
6/4/2024, 09:08 AM
Previous filing
May 3, 2024
Next filing
Jul 23, 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 +7.25K +1.49% $0.00 494K Jun 1, 2024 Direct
holding FULT $2.50 par value Common Stock 429 Jun 1, 2024 By Children
holding FULT $2.50 par value Common Stock 96.6K Jun 1, 2024 By IRA
holding FULT $2.50 par value Common Stock 3.85K Jun 1, 2024 By Spouse IRA

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 Options Exercise $0 -7.25K -100% $0.00* 0 Jun 1, 2024 $2.50 par value Common Stock 7.25K Direct F1, F2
transaction FULT Restricted Stock Units Award $0 +4.75K $0.00 4.75K Jun 1, 2024 $2.50 par value Common Stock 4.75K Direct F1, F3, 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 Represents 6,909 restricted stock units granted to the reporting person on June 1, 2023, together with 340.944248 accumulated dividend equivalents, for which the forfeiture restrictions lapsed on June 1, 2024. The common stock into which the restricted stock units were converted is reported in Table I of this Form 4.
F3 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.
F4 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.