Bruce E. Miller - 01 Jul 2022 Form 4 Insider Report for PRUDENTIAL BANCORP, INC.

Source evidence Original filing metadata and source links for verification. 3 source fields
SEC form
4
Accepted by SEC
06 Jul 2022, 15:36:47 UTC
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Bruce E. Miller

Key filing fact

Bruce E. Miller filed Form 4 for PRUDENTIAL BANCORP, INC. on 06 Jul 2022.

Key facts

  • This page summarizes Bruce E. Miller's Form 4 filing for PRUDENTIAL BANCORP, INC..
  • 6 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 06 Jul 2022, 15:36.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PBIP transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-31,675
Change %
-100%
Price
Shares after
0
Date
01 Jul 2022
Ownership
Direct
Footnotes
F1
PBIP transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-9,010
Change %
-100%
Price
Shares after
0
Date
01 Jul 2022
Ownership
By 401(k)Plan
Footnotes
F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

PBIP transaction Derivative

Stock Option

Disposed to Issuer

Transaction value
Shares
-5,707
Change %
-100%
Price
Shares after
0
Date
01 Jul 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
5,707
Exercise price
$17.43
Footnotes
F2
PBIP transaction Derivative

Stock Option

Disposed to Issuer

Transaction value
Shares
-30,000
Change %
-100%
Price
Shares after
0
Date
01 Jul 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
30,000
Exercise price
$12.23
Footnotes
F2
PBIP transaction Derivative

Stock Option

Disposed to Issuer

Transaction value
Shares
-13,345
Change %
-100%
Price
Shares after
0
Date
01 Jul 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,345
Exercise price
$10.68
Footnotes
F2
PBIP transaction Derivative

Stock Option

Disposed to Issuer

Transaction value
Shares
-13,345
Change %
-100%
Price
Shares after
0
Date
01 Jul 2022
Ownership
Direct
Underlying class
Common Stock
Underlying amount
13,345
Exercise price
$7.68
Footnotes
F2
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Bruce E. Miller is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 2 footnotes

Footnote F1

Disposed pursuant to a merger agreement dated March 1, 2022 between Prudential Bancorp, Inc. ("Prudential") and Fulton Financial Corporation ("Fulton") pursuant to which each share of Prudential common stock was entitled to receive (i) 0.7974 of a share of Fulton common stock and (ii) $3.65 in cash. The merger was effective July 1, 2022.

Footnote F2

The options were cancelled in connection with the merger in exchange for a cash payment equal to the difference between $18.25 and exercise price of the option multiplied by the number of shares subject to the option.

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