Paul E. Palmieri - 13 Jun 2022 Form 4 Insider Report for PARKE BANCORP, INC. (PKBK)

Role
SVP & Chief Credit Officer
Signature
/s/ Paul E Palmieri, John S. Kaufman, Power of Attorney.
Issuer symbol
PKBK
Transactions as of
13 Jun 2022
Net transactions value
$0
Form type
4
Filing time
15 Jun 2022, 16:05:58 UTC
Previous filing
21 Apr 2022
SEC
View on sec.gov

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 PKBK Stock Options Right-to-buy Award $0 +15,000 $0.000000 15,000 13 Jun 2022 Common Stock 15,000 $21.66 Direct F1
holding PKBK Stock Options Right-to-buy 7,321 13 Jun 2022 Common Stock 7,321 $7.81 Direct
holding PKBK Stock Options Right-to-buy 1,925 13 Jun 2022 Common Stock 1,925 $20.14 Direct
holding PKBK Stock Options Right-to-buy 10,000 13 Jun 2022 Common Stock 10,000 $12.29 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vesting of options at 20% annually over 5 years, beginning as of 6/13/2023.