Filing Details
- Accession Number:
- 0001225208-15-001355
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2015-01-14 19:37:43
- Reporting Period:
- 2015-01-12
- Filing Date:
- 2015-01-14
- Accepted Time:
- 2015-01-14 19:37:43
- 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 |
---|---|---|---|---|---|---|---|
1298489 | Donald Gayhardt | 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 | 10,000 | $10.00 | 10,000 | No | 4 | P | Direct | |
Common Stock | Acquisiton | 2015-01-12 | 5,499 | $0.00 | 15,499 | No | 4 | J | 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 | P | Direct | |
No | 4 | J | 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
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.