4//SEC Filing
CYR PAM 4
Accession 0001225208-19-002084
CIK 0001615418other
Filed
Feb 7, 7:00 PM ET
Accepted
Feb 8, 4:11 PM ET
Size
19.9 KB
Accession
0001225208-19-002084
Insider Transaction Report
Form 4
CYR PAM
EVP & CRBO
Transactions
- Other
Common Stock
2019-02-06+1,700→ 58,024 total - Tax Payment
Common Stock
2019-02-06$15.89/sh−875$13,904→ 57,149 total - Other
Common Stock
2019-02-06−1,700→ 1,700 total(indirect: Restricted Stock VIII)
Holdings
- 3,600(indirect: Restricted Stock IX)
Common Stock
- 3,404(indirect: Restricted Stock XI)
Common Stock
- 32,997
Stock Option (Right to Buy)
Exercise: $8.40Exp: 2023-01-17→ Common Stock (32,997 underlying) - 6,000(indirect: By IRA)
Common Stock
- 12,026(indirect: By KSOP)
Common Stock
- 880(indirect: Restricted Stock VII)
Common Stock
- 19,016
Stock Option (Right to Buy)
Exercise: $11.41Exp: 2025-02-06→ Common Stock (19,016 underlying) - 40,667(indirect: Restricted Stock X)
Common Stock
- 4,494(indirect: Restricted Stock XII)
Common Stock
- 13,748
Stock Option (Right to Buy)
Exercise: $8.01Exp: 2022-07-18→ Common Stock (13,748 underlying) - 32,997
Stock Option (Right to Buy)
Exercise: $10.77Exp: 2024-02-20→ Common Stock (32,997 underlying)
Footnotes (10)
- [F1]Since the reporting person's last report, 1,700 shares of restricted stock have vested and are now held directly.
- [F10]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]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.
- [F3]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.
- [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 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.
- [F5]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.
- [F6]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.
- [F7]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.
- [F8]Stock options are fully vested and exercisable.
- [F9]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.
Documents
Issuer
Beneficial Bancorp Inc.
CIK 0001615418
Entity typeother
Related Parties
1- filerCIK 0001213434
Filing Metadata
- Form type
- 4
- Filed
- Feb 7, 7:00 PM ET
- Accepted
- Feb 8, 4:11 PM ET
- Size
- 19.9 KB