Jeffrey M. Helf - 01 Jan 2023 Form 4 Insider Report for PCSB Financial Corp

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
04 Jan 2023, 13:48:58 UTC
Prior SEC filing
16 Nov 2022
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Victor L. Cangelosi, pursuant to Power of Attorney

Key filing fact

Jeffrey M. Helf filed Form 4 for PCSB Financial Corp on 04 Jan 2023.

Key facts

  • This page summarizes Jeffrey M. Helf's Form 4 filing for PCSB Financial Corp.
  • 7 reported transactions and 3 derivative rows are listed below.
  • Accepted by SEC: 04 Jan 2023, 13:48.

Change

  • Previous filing in this sequence was filed on 16 Nov 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

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.

PCSB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-16,043
Change %
-100%
Price
Shares after
0
Date
01 Jan 2023
Ownership
Direct
Footnotes
F1
PCSB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-12,359
Change %
-100%
Price
Shares after
0
Date
01 Jan 2023
Ownership
By 401(k)
Footnotes
F1
PCSB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-8,756
Change %
-100%
Price
Shares after
0
Date
01 Jan 2023
Ownership
By ESOP
Footnotes
F1
PCSB transaction

Common Stock

Disposed to Issuer

Transaction value
Shares
-2,200
Change %
-100%
Price
Shares after
0
Date
01 Jan 2023
Ownership
By IRA
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
-36,330
Change %
-100%
Price
Shares after
0
Date
01 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
36,330
Exercise price
$19.40
Footnotes
F2
PCSB transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares
-3,000
Change %
-100%
Price
Shares after
0
Date
01 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
3,000
Exercise price
$12.34
Footnotes
F2
PCSB transaction Derivative

Stock Options

Disposed to Issuer

Transaction value
Shares
-6,000
Change %
-100%
Price
Shares after
0
Date
01 Jan 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,000
Exercise price
$17.66
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

Jeffrey M. Helf 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

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.

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