Helf Jeffrey M 4

4 · PCSB Financial Corp · Filed Jan 4, 2023

Form 4

Period: 2023-01-01

VP of Fin & Acctg of Sub

Transactions

Disposition to Issuer
Common Stock
2023-01-01−12,359→ 0 total(indirect: By 401(k))
Disposition to Issuer
Stock Options
2023-01-01−3,000→ 0 total
Exercise: $12.34From: 2021-08-19Exp: 2030-08-19→ Common Stock (3,000 underlying)
Disposition to Issuer
Common Stock
2023-01-01−2,200→ 0 total(indirect: By IRA)
Disposition to Issuer
Stock Options
2023-01-01−36,330→ 0 total
Exercise: $19.40From: 2019-11-14Exp: 2028-11-14→ Common Stock (36,330 underlying)
Disposition to Issuer
Common Stock
2023-01-01−8,756→ 0 total(indirect: By ESOP)
Disposition to Issuer
Stock Options
2023-01-01−6,000→ 0 total
Exercise: $17.66From: 2022-09-22Exp: 2031-09-22→ Common Stock (6,000 underlying)
Disposition to Issuer
Common Stock
2023-01-01−16,043→ 0 total

Footnotes (2)

[F1]Pursuant to a merger agreement between the Issuer and Brookline Bancorp, Inc., each share of Issuer common stock was converted into and became exchangeable for the right to receive, at the election of the holder, either (i) $22.00 in cash or (ii) 1.3284 shares of Brookline Bancorp, Inc. common stock.
[F2]Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option multiplied by (ii) the excess, if any, of $22.00 over the exercise price per share of Issuer common stock provided for in such option, which cash payment was made without interest and net of all applicable withholding taxes.

Documents

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