4//SEC Filing
Ryder Joanne R 4
Accession 0001225208-19-003364
CIK 0001615418other
Filed
Feb 21, 7:00 PM ET
Accepted
Feb 22, 3:15 PM ET
Size
17.9 KB
Accession
0001225208-19-003364
Insider Transaction Report
Form 4
Ryder Joanne R
EVP - Brand/Strategy
Transactions
- Tax Payment
Common Stock
2019-02-20$16.10/sh−649$10,449→ 81,260 total - Other
Common Stock
2019-02-20+1,320→ 81,909 total - Other
Common Stock
2019-02-20−1,320→ 0 total(indirect: Restricted Stock V)
Holdings
- 6,000(indirect: Restricted Stock VII)
Common Stock
- 4,523(indirect: Restricted Stock XI)
Common Stock
- 35,196
Stock Option (Right to Buy)
Exercise: $10.77Exp: 2024-02-20→ Common Stock (35,196 underlying) - 22,108(indirect: By KSOP)
Common Stock
- 54,000(indirect: Restricted Stock X)
Common Stock
- 35,196
Stock Option (Right to Buy)
Exercise: $8.40Exp: 2023-01-17→ Common Stock (35,196 underlying) - 3,000(indirect: Restricted Stock VI)
Common Stock
- 6,319(indirect: Restricted Stock XII)
Common Stock
- 20,284
Stock Option (Right to Buy)
Exercise: $11.41Exp: 2025-02-06→ Common Stock (20,284 underlying)
Footnotes (10)
- [F1]Since the reporting person's last report, 1,320 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 vest as follows: 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 20% of the shares vest on each of the fourth and fifth anniversaries of the award.
- [F3]This form reflects increase in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
- [F4]These restricted shares vest as follows: no shares vest on the first and second anniversaries of the award; 60% of the shares vest on February 6, 2018, the third anniversary of the award; and 20% of the shares vest on each of the fourth and fifth anniversaries of the award.
- [F5]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.
- [F6]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.
- [F7]Of the 6,168 shares granted, 3,700 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 2,468 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.
- [F8]Of the 7,291 shares granted 4,375 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 2,916 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.
- [F9]Stock options are fully vested and exercisable.
Documents
Issuer
Beneficial Bancorp Inc.
CIK 0001615418
Entity typeother
Related Parties
1- filerCIK 0001633939
Filing Metadata
- Form type
- 4
- Filed
- Feb 21, 7:00 PM ET
- Accepted
- Feb 22, 3:15 PM ET
- Size
- 17.9 KB