CHARLES CORCORAN - 10 Jun 2022 Form 4 Insider Report for William Penn Bancorporation (WMPN)

Role
Director
Signature
/s/ Jonathan T. Logan, Power of Attorney
Issuer symbol
WMPN
Transactions as of
10 Jun 2022
Net transactions value
-$81,309
Form type
4
Filing time
14 Jun 2022, 13:14:55 UTC
Previous filing
13 May 2022
Next filing
15 Jun 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WMPN Common Stock Sale $41,006 -3,500 -26% $11.72 10,153 10 Jun 2022 By ESOP F1
transaction WMPN Common Stock Sale $40,304 -3,500 -34% $11.52 6,653 13 Jun 2022 By ESOP F2
holding WMPN Common Stock 35,364 10 Jun 2022 Direct
holding WMPN Common Stock 13,904 10 Jun 2022 By Stock Award F3

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
holding WMPN Stock Option (right to buy) 34,760 10 Jun 2022 Common Stock 34,760 $11.82 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.66 to $11.75, inclusive. The reporting person undertakes to provide to William Penn Bancorporation, any security holder of William Penn Bancorporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $11.47 to $11.54, inclusive. The reporting person undertakes to provide to William Penn Bancorporation, any security holder of William Penn Bancorporation or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
F3 Stock Awards granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan, vest in five approximately equal annual installments commencing on May 11, 2023.
F4 Stock Options granted pursuant to the William Penn Bancorporation 2022 Equity Incentive Plan, vest in five equal annual installments commencing on May 11, 2023.