Thomas Lankey - Aug 26, 2022 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
Director
Signature
/s/ John Fitzgerald, pursuant to power of attorney
Stock symbol
MGYR
Transactions as of
Aug 26, 2022
Transactions value $
$0
Form type
4
Date filed
8/26/2022, 06:01 PM
Previous filing
Jul 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $0 +7.82K +22.59% $0.00 42.4K Aug 26, 2022 Direct F1
holding MGYR Common Stock 488 Aug 26, 2022 By Son 1
holding MGYR Common Stock 1.1K Aug 26, 2022 By Son 2

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 MGYR Stock Options Award $0 +19.6K $0.00 19.6K Aug 26, 2022 Common Stock 19.6K $12.25 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 20% per year commencing on August 26, 2023.
F2 Stock options vest at a rate of 20% per year commencing on August 26, 2023.