4//SEC Filing
VANARIA RAYMOND 4
Accession 0001437749-22-016707
CIK 0001578776other
Filed
Jul 5, 8:00 PM ET
Accepted
Jul 6, 3:35 PM ET
Size
8.3 KB
Accession
0001437749-22-016707
Insider Transaction Report
Form 4
VANARIA RAYMOND
Director
Transactions
- Disposition to Issuer
Stock Option
2022-07-01−7,500→ 0 totalExercise: $10.00From: 2021-09-14Exp: 2030-09-14→ Common Stock (7,500 underlying) - Disposition to Issuer
Common Stock
2022-07-01−5,000→ 0 total - Disposition to Issuer
Common Stock
2022-07-01−20,000→ 0 total(indirect: By Spouse)
Footnotes (2)
- [F1]Disposed pursuant to a merger agreement dated March 1, 2022 between Prudential Bancorp, Inc. ("Prudential") and Fulton Financial Corporation ("Fulton") pursuant to which each share of Prudential common stock was entitled to receive (i) 0.7974 of a share of Fulton common stock and (ii) $3.65 in cash. The merger was effective July 1, 2022.
- [F2]The options were cancelled in connection with the merger in exchange for a cash payment equal to the difference between $18.25 and exercise price of the option multiplied by the number of shares subject to the option.
Documents
Issuer
PRUDENTIAL BANCORP, INC.
CIK 0001578776
Entity typeother
Related Parties
1- filerCIK 0001403608
Filing Metadata
- Form type
- 4
- Filed
- Jul 5, 8:00 PM ET
- Accepted
- Jul 6, 3:35 PM ET
- Size
- 8.3 KB