TERNES DONAVON P 4
4 · PROVIDENT FINANCIAL HOLDINGS INC · Filed Mar 1, 2021
Insider Transaction Report
Form 4
TERNES DONAVON P
Executive Vice President
Transactions
- Exercise/Conversion
Common Stock, Par Value $0.01
2021-03-01$7.43/sh+19,000$141,170→ 224,334 total - Exercise/Conversion
Option to Purchase Common Stock
2021-03-01−19,000→ 40,000 totalExercise: $7.43From: 2015-06-20Exp: 2021-06-20→ Common Stock (19,000 underlying)
Footnotes (3)
- [F1]Mr. Ternes exercised 19,000 options to acquire 19,000 shares of common stock under Provident's 2010 Equity Incentive Plan which vested on June 20, 2015.
- [F2]Ownership of 224,334 shares includes 30,000 shares of restricted stock 50% of which vest on May 30, 2021 and May 30, 2023, respectively; and indirect ownership of 13,666 shares in the reporting persons ESOP account and indirect ownership of 47,500 shares owned by the reporting person's spouse.
- [F3]Mr. Ternes has previously been granted 40,000 options to acquire 40,000 shares of common stock under Provident's 2010 Equity Incentive Plan. Fifty percent of the grant vests on September 30, 2016, fifty percent of the grant vests on September 30, 2018, and the entire grant expires on September 30, 2024.