Jeannine Cimino - May 17, 2023 Form 4 Insider Report for William Penn Bancorporation (WMPN)

Signature
/s/Jonathan T. Logan, Power of Attorney
Stock symbol
WMPN
Transactions as of
May 17, 2023
Transactions value $
-$50,268
Form type
4
Date filed
5/18/2023, 11:03 AM
Previous filing
Nov 9, 2022
Next filing
May 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMPN Common Stock Other $0 +10.1K $0.00 10.1K May 17, 2023 Direct F1
transaction WMPN Common Stock Tax liability -$50.3K -5.19K -51.35% $9.68 4.92K May 17, 2023 Direct
transaction WMPN Common Stock Other $0 -10.1K -20% $0.00 40.4K May 17, 2023 By Stock Award F1, F2
holding WMPN Common Stock 5.3K May 17, 2023 By 401(k) F3
holding WMPN Common Stock 13.8K May 17, 2023 by 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
holding WMPN Stock Option (right to buy) 126K May 17, 2023 Common Stock 126K $11.61 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Since the reporting person's last report, 10,112 shares of restricted stock have vested and are now held directly.
F2 Stock Awards granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan, vest in five equal annual installments commencing on May 17, 2023.
F3 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
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.