CHRISTOPHER P. MARTIN - 13 Dec 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
Issuer symbol
PFS
Transactions as of
13 Dec 2021
Net transactions value
-$384,271
Form type
4
Filing time
15 Dec 2021, 18:21:23 UTC
Next filing
04 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFS Common Stock Options Exercise $335,425 +22,542 +4.6% $14.88 514,031 13 Dec 2021 Direct F1
transaction PFS Common Stock Options Exercise $297,600 +20,000 +3.9% $14.88 534,031 13 Dec 2021 Direct F1
transaction PFS Common Stock Tax liability $384,271 -16,457 -3.1% $23.35 517,574 13 Dec 2021 Direct
holding PFS Common Stock 172,709 13 Dec 2021 By 401(k) Plan F2
holding PFS Common Stock 19,856 13 Dec 2021 By ESOP F2
holding PFS Common Stock 17,785 13 Dec 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 $335,425 -22,542 -100% $14.88 0 13 Dec 2021 Common Stock 22,542 $14.88 Direct
transaction PFS Stock Options Options Exercise $297,600 -20,000 -100% $14.88 0 13 Dec 2021 Common Stock 20,000 $14.88 Direct
holding PFS Stock Options 56,605 13 Dec 2021 Common Stock 56,605 $20.66 Direct F3
holding PFS Stock Options 107,240 13 Dec 2021 Common Stock 107,240 $20.62 Direct F3
holding PFS Stock Options 41,685 13 Dec 2021 Common Stock 41,685 $27.25 Direct F3
holding PFS Stock Options 26,755 13 Dec 2021 Common Stock 26,755 $15.23 Direct F4
holding PFS Stock Options 43,124 13 Dec 2021 Common Stock 43,124 $25.58 Direct F3
holding PFS Stock Options 42,857 13 Dec 2021 Common Stock 42,857 $26.31 Direct F4
holding PFS Stock Options 65,972 13 Dec 2021 Common Stock 65,972 $18.34 Direct F4
holding PFS Stock Options 35,000 13 Dec 2021 Common Stock 35,000 $16.38 Direct F4
holding PFS Stock Options 45,762 13 Dec 2021 Common Stock 45,762 $16.38 Direct F4
holding PFS Stock Options 76,327 13 Dec 2021 Common Stock 76,327 $18.70 Direct F4
holding PFS Stock Options 25,126 13 Dec 2021 Common Stock 25,126 $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.