MARTIN TUCHMAN - 27 Jun 2023 Form 4 Insider Report for Princeton Bancorp, Inc. (BPRN)

Signature
Martin Tuchman, by Edward Hogan as attorney-in-fact
Issuer symbol
BPRN
Transactions as of
27 Jun 2023
Net transactions value
+$40,002
Form type
4
Filing time
29 Jun 2023, 15:04:24 UTC
Previous filing
30 May 2023
Next filing
20 Dec 2023

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 BPRN Phantom Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $40,002 +1,441 +53% $27.76 4,153 27 Jun 2023 Common Stock 1,441 $0.000000 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of BPRN common stock. The shares of phantom stock become payable, in cash or common stock, at the election of the reporting person, upon the reporting person's termination of service as a director.