Kenneth John Stephon - Mar 13, 2023 Form 4 Insider Report for William Penn Bancorporation (WMPN)

Role
President and CEO, Director
Signature
/s/Jonathan T. Logan, Power of Attorney
Stock symbol
WMPN
Transactions as of
Mar 13, 2023
Transactions value $
$53,403
Form type
4
Date filed
3/13/2023, 04:02 PM
Previous filing
Feb 3, 2023
Next filing
May 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMPN Common Stock Purchase $53.4K +5K +17.32% $10.68 33.9K Mar 13, 2023 Direct F1
holding WMPN Common Stock 27.7K Mar 13, 2023 By 401(k) F2
holding WMPN Common Stock 38.6K Mar 13, 2023 By IRA
holding WMPN Common Stock 7.26K Mar 13, 2023 By ESOP F2
holding WMPN Common Stock 126K Mar 13, 2023 By Stock Award 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
holding WMPN Stock Option (right to buy) 316K Mar 13, 2023 Common Stock 316K $11.61 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $10.60 to $10.70, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F3 Stock Awards granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan, vest in five equal annual installments commencing on May 17, 2023.
F4 Stock Options granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan, vest in five equal annual installments commencing on May 17, 2023.