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Filing Details

Accession Number:: 0001225208-10-019446
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2010-08-18 13:00:00
Reporting Period:: 2010-08-16

Filing Date:: 2010-08-18
Accepted Time:: 2010-08-18 14:34:18
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1378020	Beneficial Mutual Bancorp Inc	BNCL	Savings Institution, Federally Chartered (6035)	562480744

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1397255	J Robert Bush	510 Walnut Street 19Th Floor Philadelphia PA 19106	Executive V.p.	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2010-08-16	550	$8.86	30,550	No	4	P	Direct
Common Stock	Acquisiton	2010-08-16	300	$8.86	30,850	No	4	P	Direct
Common Stock	Acquisiton	2010-08-16	200	$8.87	31,050	No	4	P	Direct
Common Stock	Acquisiton	2010-08-16	65	$8.89	31,115	No	4	P	Direct
Common Stock	Acquisiton	2010-08-16	8	$8.88	31,123	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct
No	4	P	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	4,435	Indirect	By 401(k)
Common Stock	5,132	Indirect	By Daughter
Common Stock	5,291	Indirect	By Son
Common Stock	4,000	Indirect	Performance Award
Common Stock	50,000	Indirect	Restricted Stock
Common Stock	8,000	Indirect	Restricted Stock II
Common Stock	4,000	Indirect	Restricted Stock III

Reported Derivative Holdings

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Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Stock Option (Right to Buy)	$11.86		2018-08-06	100,000	100,000	Direct
Common Stock	Stock Option (Right to Buy)	$9.70		2020-03-05	5,000	5,000	Direct
Common Stock	Stock Option (Right to Buy)	$8.35	2010-03-09	2019-03-09	5,000	5,000	Direct

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
2018-08-06	100,000	100,000	Direct
2020-03-05	5,000	5,000	Direct
2019-03-09	5,000	5,000	Direct

Footnotes

The award represents shares of restricted stock which vest accordingly: if during the performance measurement period (beginning with the 12 months ended December 31, 2010 and ending with the 12 months ended December 31, 2014), the Company achieves a rate of return on average assets ("ROAA") of not less than 1% during any of those 12-month periods, then shares will begin to vest in 5 equal annual installments commencing on March 31, 2012. However, if the Company does not achieve an ROAA of not less than 1% by December 31, 2015, the performance requirement for vesting purposes will be that the Company must be ranked in the top quartile of the SNL index of thrifts nationwide with assets between $1 billion and $10 billion based on ROAA (the "SNL Index") for the 2014 fiscal year. In the event the Company is not in the top quartile of the SNL Index based on upon the Company's fiscal 2015 financial performance, then all shares subject to this award will be forfeited.
These restricted shares, initially awarded on August 6, 2008, vest according to the following vesting schedules: (1) 25,000 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 the third anniversary of the award; and thereafter 20% of the shares each vest on the fourth and fifth anniversaries of the award; and (2) 25,000 shares will vest if certain specified performance requirements are met during the performance measurement period beginning on December 31, 2009 and ending on December 31, 2013.
These restricted shares, initially awarded on March 9, 2009, vest according to the following vesting schedules: (1) 4,000 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 the third anniversary of the award; and thereafter 20% of the shares each vest on the fourth and fifth anniversaries of the award; and (2) 4,000 shares will vest if certain specified performance requirements are met during the performance measurement period beginning on December 31, 2010 and ending on December 31, 2014.
These restricted shares vest according to the following schedule: (1) the first 2,400 shares (representing 60% of the award) vest on March 5, 2013, the third anniversary of the date of the award, 800 shares (20%) vest on March 5, 2014 and the remaining 800 shares (20%) vest on March 5, 2015.
Options vest equally over a 5-year period with the first 20% vesting on August 6, 2009, the first anniversary of the date of the grant.
Stock options vest in 5 equal annual installments with the first 20% vesting on March 5, 2011, the first anniversaey of the date of the grant.
Options vest equally over a 5-year period with the first 20% vesting on March 9, 2010, the first anniversary of the date of the grant.