Christopher P. Martin - Dec 13, 2021 Form 4 Insider Report for PROVIDENT FINANCIAL SERVICES INC (PFS)

Role
Chairman and CEO, Director
Signature
/s/ John F. Kuntz, Pursuant to Power of Attorney
Stock symbol
PFS
Transactions as of
Dec 13, 2021
Transactions value $
-$384,271
Form type
4
Date filed
12/15/2021, 06:21 PM
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFS Common Stock Options Exercise $335K +22.5K +4.59% $14.88 514K Dec 13, 2021 Direct F1
transaction PFS Common Stock Options Exercise $298K +20K +3.89% $14.88 534K Dec 13, 2021 Direct F1
transaction PFS Common Stock Tax liability -$384K -16.5K -3.08% $23.35 518K Dec 13, 2021 Direct
holding PFS Common Stock 173K Dec 13, 2021 By 401(k) Plan F2
holding PFS Common Stock 19.9K Dec 13, 2021 By ESOP F2
holding PFS Common Stock 17.8K Dec 13, 2021 By Deferred Fee Plan

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 PFS Stock Options Options Exercise -$335K -22.5K -100% $14.88 0 Dec 13, 2021 Common Stock 22.5K $14.88 Direct
transaction PFS Stock Options Options Exercise -$298K -20K -100% $14.88 0 Dec 13, 2021 Common Stock 20K $14.88 Direct
holding PFS Stock Options 56.6K Dec 13, 2021 Common Stock 56.6K $20.66 Direct F3
holding PFS Stock Options 107K Dec 13, 2021 Common Stock 107K $20.62 Direct F3
holding PFS Stock Options 41.7K Dec 13, 2021 Common Stock 41.7K $27.25 Direct F3
holding PFS Stock Options 26.8K Dec 13, 2021 Common Stock 26.8K $15.23 Direct F4
holding PFS Stock Options 43.1K Dec 13, 2021 Common Stock 43.1K $25.58 Direct F3
holding PFS Stock Options 42.9K Dec 13, 2021 Common Stock 42.9K $26.31 Direct F4
holding PFS Stock Options 66K Dec 13, 2021 Common Stock 66K $18.34 Direct F4
holding PFS Stock Options 35K Dec 13, 2021 Common Stock 35K $16.38 Direct F4
holding PFS Stock Options 45.8K Dec 13, 2021 Common Stock 45.8K $16.38 Direct F4
holding PFS Stock Options 76.3K Dec 13, 2021 Common Stock 76.3K $18.70 Direct F4
holding PFS Stock Options 25.1K Dec 13, 2021 Common Stock 25.1K $15.23 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects exercise of options that expire on February 3, 2022
F2 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F3 Stock options vest at a rate of 33.3% per year.
F4 Stock options have fully vested.