Filing Details
- Accession Number:
- 0001065407-13-000377
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-10-11 15:26:25
- Reporting Period:
- 2013-10-09
- Filing Date:
- 2013-10-11
- Accepted Time:
- 2013-10-11 15:26:25
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1578776 | Prudential Bancorp Inc. | PBIP | Savings Institutions, Not Federally Chartered (6036) | 000000000 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1318789 | A Thomas Vento | C/O Prudential Savings Bank 1834 Oregon Avenue Philadelphia PA 19145 | Chairman, President And Ceo | Yes | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-10-09 | 8,576 | $10.00 | 34,262 | No | 4 | P | Indirect | By 401(K) Plan |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By 401(K) Plan |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 30,237 | Direct | |
Common Stock | 12,446 | Indirect | By ESOP |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option | $11.84 | 2010-01-05 | 2019-01-05 | 106,784 | 106,784 | Direct |
Common Stock | Stock Option | $7.68 | 2014-01-05 | 2023-01-05 | 19,183 | 19,183 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2019-01-05 | 106,784 | 106,784 | Direct |
2023-01-05 | 19,183 | 19,183 | Direct |
Footnotes
- Prudential Bancorp, Inc. is the successor to Prudential Bancorp, Inc. of Pennsylvania ("Old Prudential"). Pursuant to a reorganization exempt under Rule 16b-7, each share of common stock of Old Prudential outstanding on October 9, 2013 was automatically exchanged for .9442 shares of common stock of Prudential Bancorp, Inc., with fractional shares cashed out at $10 per share.
- Includes 14,450 shares (as adjusted pursuant to the reorganization described in footnote (1) above) held in the 2008 Recognition and Retention Plan and Trust Agreement which reflects the unvested portions of two grants aggregating originally 51,305 shares of common stock of Old Prudential that are vesting at the rate of 20% per year commencing on January 5, 2010 and January 5, 2014, respectively.
- Pursuant to a reorganization exempt under Rule 16b-7, each outstanding option to purchase a share of common stock of Old Prudential outstanding as of October 9, 2011 was automatically exchanged for an option to purchase 0.9442 shares of Prudential Bancorp, Inc. with the exercise price adjusted to reflect the operation of the exchange ratio. The number of shares subject to the option grant, after applying the exchange ratio, was adjusted downward to the nearest whole share while the exercise price, after applying the exchange ratio, was adjusted upward to the nearest whole cent. The options vest at the rate of 20% per year.