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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option | $ 18.46 | 03/21/2019(3) | 03/21/2028 | Common Stock | 80,000 | 80,000 | D | ||||||||
Stock Option | $ 14.42 | 08/17/2017(4) | 08/17/2026 | Common Stock | 10,000 | 10,000 | D | ||||||||
Stock Option | $ 12.23 | 02/18/2016(5) | 02/18/2025 | Common Stock | 30,000 | 30,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
POLLACK DENNIS C/O PRUDENTIAL BANCORP, INC. 1834 WEST OREGON AVENUE PHILADELPHIA, PA 19145 |
X | President and CEO |
/s/ Jack E. Rothkopf, Attorney-in-Fact for Dennis Pollack | 04/29/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $17.15 to $17.31. The reporting person undertakes to provide to Prudential Bancorp, Inc., any security holder of Prudential Bancorp, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased within the range set forth in Footnote 1 of this Form 4. |
(2) | Includes 10,000 shares which reflects the unvested portion of a grant originally covering 12,500 shares granted pursuant to the 2014 Stock Incentive Plan ("2014 SIP") that vest 20% per year commencing on March 31, 2019. Includes 1,500 shares which reflects the unvested portion of a grant originally covering 2,500 shares granted pursuant to the 2014 SIP that vest 20% per year commencing on August 17, 2017. Also includes 2,000 shares which reflects the unvested portion of a grant originally covering 10,000 shares granted pursuant to the 2014 SIP that vest 20% per year commencing on February 18, 2016. |
(3) | The options vest at the rate of 20% per year commencing on March 21, 2019. |
(4) | The options vest at the rate of 20% per year commencing on August 17, 2017. |
(5) | The options vest at the rate of 20% per year commencing on February 18, 2016. |