Filing Details

Accession Number:
0001225208-15-001349
Form Type:
4
Zero Holdings:
No
Publication Time:
2015-01-14 19:37:33
Reporting Period:
2015-01-12
Filing Date:
2015-01-14
Accepted Time:
2015-01-14 19:37:33
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1615418 Beneficial Bancorp Inc. BNCL Savings Institutions, Not Federally Chartered (6036) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1477523 Dougherty Karen Buchholz 1818 Market Street
Philadelphia PA 19103
Yes No 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 2015-01-12 5,499 $0.00 5,499 No 4 J Direct
Common Stock Acquisiton 2015-01-12 5,000 $10.00 10,499 No 4 P Direct
Common Stock Acquisiton 2015-01-12 550 $0.00 550 No 4 J Indirect Restricted Stock III
Common Stock Acquisiton 2015-01-12 1,100 $0.00 1,100 No 4 J Indirect Restricted Stock IV
Common Stock Acquisiton 2015-01-12 1,650 $0.00 1,650 No 4 J Indirect Restricted Stock V
Common Stock Acquisiton 2015-01-12 2,200 $0.00 2,200 No 4 J Indirect Restricted Stock VI
Common Stock Acquisiton 2015-01-12 1,649 $0.00 1,649 No 4 J Indirect Restricted Stock VII
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 J Direct
No 4 P Direct
No 4 J Indirect Restricted Stock III
No 4 J Indirect Restricted Stock IV
No 4 J Indirect Restricted Stock V
No 4 J Indirect Restricted Stock VI
No 4 J Indirect Restricted Stock VII
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Stock Option (Right to Buy) Acquisiton 2015-01-12 10,999 $0.00 10,999 $8.40
Common Stock Stock Option (Right to Buy) Acquisiton 2015-01-12 13,748 $0.00 13,748 $10.77
Common Stock Stock Option (Right to Buy) Acquisiton 2015-01-12 5,499 $0.00 5,499 $8.82
Common Stock Stock Option (Right to Buy) Acquisiton 2015-01-12 10,999 $0.00 10,999 $8.30
Common Stock Stock Option (Right to Buy) Acquisiton 2015-01-12 5,499 $0.00 5,499 $7.62
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,999 2023-01-17 No 4 J Direct
13,748 2024-02-20 No 4 J Direct
5,499 2020-03-05 No 4 J Direct
10,999 2022-03-23 No 4 J Direct
5,499 2021-05-27 No 4 J Direct
Footnotes
  1. Pursuant to the Plan of Conversion and Reorganization of Beneficial Savings Bank MHC, Beneficial Mutual Bancorp, Inc. and Beneficial Mutual Savings Bank, each share of common stock of Beneficial Mutual Bancorp was exchanged for 1.0999 shares of Beneficial Bancorp, Inc. common stock.
  2. Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on March 5, 2011, the first anniversary of the date of the award.
  3. Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on May 27, 2012, the first anniversary of the date of the award.
  4. Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on March 23, 2013, the first anniversary of the date of the award.
  5. Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on January 17, 2014, the first anniversary of the date of the award.
  6. Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on February 20, 2015, the first anniversary of the date of the award.
  7. Pursuant to the Plan of Conversion and Reorganization, each option to purchase a share of Beneficial Mutual Bancorp common stock was converted into an option to purchase 1.0999 shares of Beneficial Bancorp common stock, rounded down to the nearest share. The exercise price was determined by dividing the exercise price of the Beneficial Mutual Bancorp option by the 1.0999 exchange ratio with such quotient rounded up to the nearest whole cent. All such options continue to vest on their original terms.
  8. Stock options vest in 5 equal annual installments with the first 20% vesting on January 17, 2014, the first anniversary of the date of the grant.
  9. Stock options vest in 5 equal annual installments with the first 20% vesting on February 20, 2015, the first anniversary of the date of the grant.
  10. Stock options vest in 5 equal annual installments with the first 20% vesting on March 5, 2011, the first anniversary of the date of the grant.
  11. Stock options vest in 5 equal annual installments with the first 20% vesting on March 23, 2013, the first anniversary of the date of the grant.
  12. Stock options vest in 5 equal annual installments with the first 20% vesting on May 27, 2012, the first anniversary of the date of the grant.