Campbell David M's Form 4/A amendment
AmendedFulton Financial CorpFULT · filed Aug 10, 2021
- Accession no.
- 0001562180-21-005273
- Filed
- Aug 10, 2021
- Trade date
- May 1-4, 2021
- Filing delay
- 101 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- May 5, 2021
This filing lists 3 non-derivative transactions and 1 derivative transaction. Open-market sales total $82.9K. It was filed 101 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Campbell David MCIK 0001727245 | Officer (Sr Executive Vice President) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 1, 2021 | $2.50 par value Common Stock | MOption exerciseAcquired | +7,689.88 | $0.00 | $0 | 19,591.88 | Direct | |
| May 1, 2021 | $2.50 par value Common Stock | FTax withholdingDisposed | −2,810.88 | $17.05 | −$47,925.5 | 16,781 | Direct | |
| May 4, 2021 | $2.50 par value Common Stock | SSaleDisposed | −4,842 | $17.12F1 | −$82,895.04 | 11,939 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| May 1, 2021 | $2.50 par value Common Stock | MOption exerciseDisposed | −7,689.88 | $0.00 | $0 | 0 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
Represents the weighted average price of shares sold in multiple transactions through a broker-dealer at prices ranging from $17.121 to $17.125, inclusive. The reporting person undertakes to provide to the Securities and Exchange Commission, or a security holder of the issuer upon request full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
- F2
Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
- F3
Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2021. The PSUs were granted on May 1, 2018. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of return on assets, total shareholder return, relative to a defined peer group, and net income goals during the applicable performance periods, as specified at the time of grant.
Remarks
Amending a Form 4 that was previously filed on May 5, 2021, which inadvertently omitted the April 15, 2021 accrued dividend. Approximately 63 PSUs were not applied to the reported transaction before the PSUs awarded on May 1, 2018 vested on May 1, 2021. The omission of the accrued dividend was a result of a clerical error by a third party stock plan administrator. This Form 4/A now includes the additional shares acquired upon vesting and disposed for taxes.