0001437749-22-016717.txt : 20220706
0001437749-22-016717.hdr.sgml : 20220706
20220706155042
ACCESSION NUMBER: 0001437749-22-016717
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220701
FILED AS OF DATE: 20220706
DATE AS OF CHANGE: 20220706
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: POLLACK DENNIS
CENTRAL INDEX KEY: 0001540712
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-55084
FILM NUMBER: 221068575
MAIL ADDRESS:
STREET 1: 3 PENNS TRAIL
CITY: NEWTOWN
STATE: PA
ZIP: 18940
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PRUDENTIAL BANCORP, INC.
CENTRAL INDEX KEY: 0001578776
STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036]
IRS NUMBER: 000000000
STATE OF INCORPORATION: PA
FISCAL YEAR END: 0930
BUSINESS ADDRESS:
STREET 1: 1834 W. OREGON AVENUE
CITY: PHILADELPHIA
STATE: PA
ZIP: 19145
BUSINESS PHONE: 215-755-1500
MAIL ADDRESS:
STREET 1: 1834 W. OREGON AVENUE
CITY: PHILADELPHIA
STATE: PA
ZIP: 19145
4
1
rdgdoc.xml
FORM 4
X0306
4
2022-07-01
1
0001578776
PRUDENTIAL BANCORP, INC.
PBIP
0001540712
POLLACK DENNIS
C/O PRUDENTIAL BANK
1834 WEST OREGON AVENUE
PHILADELPHIA
PA
19145
1
1
President and CEO
Common Stock
2022-07-01
4
D
0
71566
D
0
D
Common Stock
2022-07-01
4
D
0
13290
D
0
I
By 401(k) Plan
Stock Option
18.46
2022-07-01
4
D
0
80000
D
2019-03-21
2028-03-21
Common Stock
80000
0
D
Stock Option
14.42
2022-07-01
4
D
0
10000
D
2017-08-17
2026-08-17
Common Stock
10000
0
D
Stock Option
12.23
2022-07-01
4
D
0
30000
D
2016-02-18
2025-02-18
Common Stock
30000
0
D
Stock Option
18.16
2022-07-01
4
D
0
11851
D
2020-07-17
2029-07-17
Common Stock
11851
0
D
Disposed pursuant to a merger agreement dated March 1, 2022 between Prudential Bancorp, Inc. ("Prudential") and Fulton Financial Corporation ("Fulton") pursuant to which each share of Prudential common stock was entitled to receive (i) 0.7974 of a share of Fulton common stock and (ii) $3.65 in cash. The merger was effective July 1, 2022.
Options were cancelled without payment in connection with the merger because the exercise price exceeded $18.25.
The options were cancelled in connection with the merger in exchange for a cash payment equal to the difference between $18.25 and exercise price of the option multiplied by the number of shares subject to the option.
/s/ Dennis Pollack
2022-07-06