Nick R. Lugo - 07 Dec 2023 Form 4 Insider Report for Ponce Financial Group, Inc. (PDLB)

Reporting relationship: Director
Issuer ticker: PDLB
Reported as of: 07 Dec 2023
Net transaction value: +$455,275
SEC form: 4
Accepted by SEC: 11 Dec 2023, 15:33:23 UTC
Prior SEC filing: 15 Jun 2022
Source filing: View source filing
Reporting owner signature: /s/Frank Perez, as attorney in fact

Key filing fact

Nick R. Lugo filed Form 4 for Ponce Financial Group, Inc. (PDLB) on 11 Dec 2023.

Key facts

This page summarizes Nick R. Lugo's Form 4 filing for Ponce Financial Group, Inc. (PDLB).
6 reported transactions and 6 derivative rows are listed below.
Accepted by SEC: 11 Dec 2023, 15:33.

Change

Previous filing in this sequence was filed on 15 Jun 2022.
Current net transaction value: +$455,275.

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.

PDLB transaction

Common Stock

Award

Transaction value: $294,715
Shares: +28,530
Change %: +29%
Price: $10.33
Shares after: 127,555
Date: 07 Dec 2023
Ownership: Direct
Footnotes: F1, F2

PDLB holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 27,904
Date: 07 Dec 2023
Ownership: By Wife

Reported derivative securities

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

PDLB transaction Derivative

Premium Stock Option

Award

Transaction value: $30,990
Shares: +3,000
Change %
Price: $10.33
Shares after: 3,000
Date: 07 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,000
Exercise price: $10.33

PDLB transaction Derivative

Premium Stock Options

Award

Transaction value: $31,560
Shares: +3,000
Change %: +100%
Price: $10.52
Shares after: 6,000
Date: 07 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,000
Exercise price: $10.52

PDLB transaction Derivative

Premium Stock Options

Award

Transaction value: $32,100
Shares: +3,000
Change %: +50%
Price: $10.70
Shares after: 9,000
Date: 07 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,000
Exercise price: $10.70

PDLB transaction Derivative

Premium Stock Options

Award

Transaction value: $32,670
Shares: +3,000
Change %: +33%
Price: $10.89
Shares after: 12,000
Date: 07 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,000
Exercise price: $10.89

PDLB transaction Derivative

Premium Stock Options

Award

Transaction value: $33,240
Shares: +3,000
Change %: +25%
Price: $11.08
Shares after: 15,000
Date: 07 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 3,000
Exercise price: $11.08

PDLB holding Derivative

Stock Options

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 12,442
Date: 07 Dec 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 12,442
Exercise price: $9.15
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

Shares of restricted stock units vest annually at a rate of 20% per year commencing on December 7, 2024.

Footnote F2

Includes 3,101shares of restricted stock units, of which 1,550 shares vest on April 1, 2024 and 1,551 shares vest on April 1, 2025

Footnote F3

Stock Options vest annually at a rate of 20% per year commencing on December 4, 2019