Jonathan Thomas Logan - 17 May 2023 Form 4 Insider Report for William Penn Bancorporation (WMPN)

Role: EVP and CFO
Signature: /s/Jonathan T. Logan, Power of Attorney
Issuer symbol: WMPN
Transactions as of: 17 May 2023
Net transactions value: -$41,266
Form type: 4
Filing time: 18 May 2023, 11:06:14 UTC
Previous filing: 18 May 2022
Next filing: 20 May 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WMPN	Common Stock	Other	$0	+9,100	+127%	$0.000000	16,250	17 May 2023	Direct	F1
transaction	WMPN	Common Stock	Tax liability	$41,266	-4,263	-26%	$9.68	11,987	17 May 2023	Direct
transaction	WMPN	Common Stock	Other	$0	-9,100	-20%	$0.000000	36,404	17 May 2023	By Stock Award	F1, F2
holding	WMPN	Common Stock						2,785	17 May 2023	By ESOP	F3
holding	WMPN	Common Stock						2,663	17 May 2023	By 401(k)	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)						113,760	17 May 2023	Common Stock	113,760	$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, 9,100 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 approximately 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.