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FULTON FINANCIAL CORP — Director's Dealing 2024
May 3, 2024
31283_dirs_2024-05-03_6000d1c5-1819-41a0-8925-9d362bab4b91.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: FULTON FINANCIAL CORP (FULT)
CIK: 0000700564
Period of Report: 2024-05-01
Reporting Person: Fiol Andrew B (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2024-03-14 | $2.50 par value Common Stock | J | 282.7766 | $12.7309 | Acquired | 30890.0476 | Direct |
| 2024-05-01 | $2.50 par value Common Stock | M | 8891.76 | $0.00 | Acquired | 39781.8076 | Direct |
| 2024-05-01 | $2.50 par value Common Stock | F | 2534.76 | $16.90 | Disposed | 37247.0476 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2024-05-01 | Performance Stock Units | $ | M | 8891.76 | Disposed | $2.50 par value Common Stock (8891.76) | Direct | |
| 2024-05-01 | Restricted Stock Units | $ | A | 6524.00 | Acquired | $2.50 par value Common Stock (6524.00) | Direct |
Footnotes
F1: Purchase made with cash in the Employee Stock Purchase Plan.
F2: Includes 320.7847 shares acquired on January 17, 2024, pursuant to dividend reinvestment.
F3: Includes 354.231806 shares acquired on April 17, 2024, pursuant to dividend reinvestment.
F4: Represents shares withheld to cover the reporting person's tax liability.
F5: Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
F6: Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2024. The PSUs were granted on May 1, 2021. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of 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.
F7: Each restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation common stock.
F8: Restricted stock unit award granted May 1, 2024 under the Fulton Financial Corporation 2022 Amended and Restated Equity and Cash Incentive Compensation Plan.
F9: The restricted stock units cliff vest three years from the grant date. Vested shares will be delivered to the reporting person three years from the grant date.