Maria Alvarez - Dec 7, 2023 Form 4 Insider Report for Ponce Financial Group, Inc. (PDLB)

Role
Director
Signature
/s/Frank Perez, as attorney in fact
Stock symbol
PDLB
Transactions as of
Dec 7, 2023
Transactions value $
$455,275
Form type
4
Date filed
12/11/2023, 03:33 PM
Previous filing
Jun 14, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PDLB Common Stock Award $295K +28.5K +64.75% $10.33 72.6K Dec 7, 2023 Direct F1, F2
holding PDLB Common Stock 1.43K Dec 7, 2023 By IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PDLB Premium Stock Option Award $31K +3K $10.33 3K Dec 7, 2023 Common Stock 3K $10.33 Direct
transaction PDLB Premium Stock Options Award $31.6K +3K +100% $10.52 6K Dec 7, 2023 Common Stock 3K $10.52 Direct
transaction PDLB Premium Stock Options Award $32.1K +3K +50% $10.70 9K Dec 7, 2023 Common Stock 3K $10.70 Direct
transaction PDLB Premium Stock Options Award $32.7K +3K +33.33% $10.89 12K Dec 7, 2023 Common Stock 3K $10.89 Direct
transaction PDLB Premium Stock Options Award $33.2K +3K +25% $11.08 15K Dec 7, 2023 Common Stock 3K $11.08 Direct
holding PDLB Stock Options 14K Dec 7, 2023 Common Stock 14K $10.44 Direct F3
holding PDLB Stock Options 12.4K Dec 7, 2023 Common Stock 12.4K $9.27 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock units vest annually at a rate of 20% per year commencing on December 7, 2024.
F2 Includes 24,885 shares of restricted stock units, of which 4,977 shares vest on January 31, of each year thereafter, ending on January 31, 2028.
F3 These 13,952 stock options vest annualy at a rate of 33.33% per year beginning April 1, 2022.
F4 Stock options vest annually at a rate of 30% on January 31, 2022, 10% on January 31, 2023 and an additional 12% on January 31 of each year thereafter, ending on January 31, 2028.