Key facts
- This page summarizes Karl A. Thimm's Form 4 filing for PCSB Financial Corp.
- 4 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 04 Jan 2023, 13:40.
Karl A. Thimm - 01 Jan 2023 Form 4 Insider Report for PCSB Financial Corp
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 01 Jan 2023
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 04 Jan 2023, 13:40:23 UTC
- Prior SEC filing
- 20 Dec 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Victor L. Cangelosi, pursuant to Power of Attorney
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Karl A. Thimm filed Form 4 for PCSB Financial Corp on 04 Jan 2023.
Change
- Previous filing in this sequence was filed on 20 Dec 2022.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
PCSB
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -29,001
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Jan 2023
- Ownership
- Direct
- Footnotes
- F1
PCSB
transaction
Common Stock
Disposed to Issuer
- Transaction value
- Shares
- -3,150
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Jan 2023
- Ownership
- By Spouse
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PCSB
transaction
Derivative
Stock Options
Disposed to Issuer
- Transaction value
- Shares
- -44,662
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 44,662
- Exercise price
- $18.27
- Footnotes
- F2
PCSB
transaction
Derivative
Stock Options
Disposed to Issuer
- Transaction value
- Shares
- -2,791
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 01 Jan 2023
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 2,791
- Exercise price
- Footnotes
- F1, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Karl A. Thimm is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
Pursuant to a merger agreement between the Issuer and Brookline Bancorp, Inc., each share of Issuer common stock was converted into and became exchangeable for the right to receive, at the election of the holder, either (i) $22.00 in cash or (ii) 1.3284 shares of Brookline Bancorp, Inc. common stock.
Footnote F2
Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option multiplied by (ii) the excess, if any, of $22.00 over the exercise price per share of Issuer common stock provided for in such option, which cash payment was made without interest and net of all applicable withholding taxes.
Footnote F3
Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's termination of service as a director in accordance with footnote 1 above.