CYR PAM 4

Accession 0001225208-19-001480

CIK 0001615418other

View on SEC.gov Company Profile

Filed

Jan 28, 7:00 PM ET

Accepted

Jan 29, 6:30 PM ET

Size

27.4 KB

Accession

0001225208-19-001480

Insider Transaction Report

Form 4

Period: 2019-01-25

Beneficial Bancorp Inc.BNCL

CYR PAM

EVP & CRBO

Transactions

Other
Common Stock
2019-01-25+691→ 53,736 total
Tax Payment
Common Stock
2019-01-26$15.72/sh−313$4,920→ 53,693 total
Other
Common Stock
2019-01-28+5,400→ 59,093 total
Other
Common Stock
2019-01-25−691→ 4,494 total(indirect: Restricted Stock XII)
Tax Payment
Common Stock
2019-01-28$15.72/sh−2,769$43,529→ 56,324 total
Other
Common Stock
2019-01-28−5,400→ 3,600 total(indirect: Restricted Stock IX)
Tax Payment
Common Stock
2019-01-25$15.72/sh−349$5,486→ 53,387 total
Other
Common Stock
2019-01-26+619→ 54,006 total
Other
Common Stock
2019-01-26−619→ 3,404 total(indirect: Restricted Stock XI)

Holdings

Stock Option (Right to Buy)
Exercise: $8.01Exp: 2022-07-18→ Common Stock (13,748 underlying)
13,748
Common Stock
(indirect: By KSOP)
12,026
Common Stock
(indirect: Restricted Stock X)
40,667
Common Stock
(indirect: By IRA)
6,000
Common Stock
(indirect: Restricted Stock VII)
880
Stock Option (Right to Buy)
Exercise: $10.77Exp: 2024-02-20→ Common Stock (32,997 underlying)
32,997
Stock Option (Right to Buy)
Exercise: $11.41Exp: 2025-02-06→ Common Stock (19,016 underlying)
19,016
Common Stock
(indirect: Restricted Stock VIII)
3,400
Stock Option (Right to Buy)
Exercise: $8.40Exp: 2023-01-17→ Common Stock (32,997 underlying)
32,997

Footnotes (12)

[F1]Since the reporting person's last report, 691 shares of restricted stock have vested and are now held directly.
[F10]Stock options are fully vested and exercisable.
[F11]Stock options vest in 5 equal annual installments with the first 20% vesting on February 20, 2015, the first anniversary of the date of the grant.
[F12]Stock options vest in 5 equal annual installments with the first 20% vesting on February 6, 2016, the first anniversary of the date of the grant.
[F2]Since the reporting person's last report, 619 shares of restricted stock have vested and are now held directly.
[F3]Since the reporting person's last report, 5,400 shares of restricted stock have vested and are now held directly.
[F4]These restricted shares are subject to a three-year cliff vesting schedule whereby no shares vest on the first and second anniversaries of the award, 60% of the shares vest on January 28, 2019, the third anniversary of the award, and thereafter, 20% of the shares each vest on the fourth and fifth anniversaries of the award.
[F5]Of the 4,642 shares granted 2,785 shares will fully vest on January 26, 2020 upon the satisfaction of company performance criteria related to credit quality, return on average assets and total shareholder return. The remaining 1,857 shares are subject to vesting in 3 equal annual installments with the first 33 1/3% vesting on January 26, 2018, the first anniversary of the date of the award.
[F6]Of the 5,185 shares granted 3,111 shares will fully vest on January 25, 2021 upon the satisfaction of company performance criteria related to credit quality, return on average assets and total shareholder return. The remaining 2,074 shares are subject to vesting in 3 equal annual installments with the first 33 1/3% vesting on January 25, 2019, the first anniversary of the date of the award.
[F7]These restricted shares are subject to a three-year cliff vesting schedule whereby no shares vest on the first and second anniversaries of the award, 60% of the shares vest on February 20, 2017, the third anniversary of the award, and thereafter, 20% of the shares each vest on the fourth and fifth anniversaries of the award.
[F8]These restricted shares are subject to a three-year cliff vesting schedule whereby no shares vest on the first and second anniversaries of the award, 60% of the shares vest on February 06, 2018, the third anniversary of the award, and thereafter, 20% of the shares each vest on the fourth and fifth anniversaries of the award.
[F9]Shares of restricted stock vest in 3 equal annual installments with the first 33 1/3% vesting on June 9, 2017, the first anniversary of the date of the award.

Documents

1 file

4
doc4.xmlPrimary

Issuer

Beneficial Bancorp Inc.

CIK 0001615418

→

Entity typeother

Related Parties

filerCIK 0001213434

Filing Metadata

Form type: 4
Filed: Jan 28, 7:00 PM ET
Accepted: Jan 29, 6:30 PM ET
Size: 27.4 KB

View on SEC.gov