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

Role
President and CEO, Director
Signature
/s/Jonathan T. Logan, Power of Attorney
Issuer symbol
WMPN
Transactions as of
13 Mar 2023
Net transactions value
+$53,402
Form type
4
Filing time
13 Mar 2023, 16:02:42 UTC
Previous filing
03 Feb 2023
Next filing
18 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMPN Common Stock Purchase $53,402 +5,000 +17% $10.68 33,875 13 Mar 2023 Direct F1
holding WMPN Common Stock 27,739 13 Mar 2023 By 401(k) F2
holding WMPN Common Stock 38,584 13 Mar 2023 By IRA
holding WMPN Common Stock 7,255 13 Mar 2023 By ESOP F2
holding WMPN Common Stock 126,400 13 Mar 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) 316,000 13 Mar 2023 Common Stock 316,000 $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.