Peter McIntyre Brown - 22 Sep 2022 Form 4 Insider Report for Magyar Bancorp, Inc. (MGYR)

Role
SVP and CLO
Signature
/s/ John S. Fitzgerald, Pursuant to Power of Attorney
Issuer symbol
MGYR
Transactions as of
22 Sep 2022
Net transactions value
$0
Form type
4
Filing time
26 Sep 2022, 12:33:01 UTC
Previous filing
16 Jul 2021
Next filing
04 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGYR Common Stock Award $0 +14,000 $0.000000 14,000 22 Sep 2022 Direct F1
holding MGYR Common Stock 3,330 22 Sep 2022 By 401(k)
holding MGYR Common Stock 3,169 22 Sep 2022 By ESOP

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 MGYR Stock Options Award $0 +30,000 $0.000000 30,000 22 Sep 2022 Common Stock 30,000 $12.70 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 20% per year commencing on September 22, 2023.
F2 Stock options vest at a rate of 20% per year commencing on September 22, 2023.