E. Philip Wenger - 01 May 2024 Form 4 Insider Report for FULTON FINANCIAL CORP (FULT)

Role
Director
Signature
Mark A. Crowe, Attorney-in-Fact
Issuer symbol
FULT
Transactions as of
01 May 2024
Transactions value $
-$861,541
Form type
4
Filing time
03 May 2024, 11:26:53
Previous filing
08 Nov 2023
Next filing
04 Jun 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FULT $2.50 par value Common Stock Options Exercise $0 +116K +27.49% $0.00 538K 01 May 2024 Direct F1
transaction FULT $2.50 par value Common Stock Tax liability -$862K -51K -9.47% $16.90 487K 01 May 2024 Direct F1, F2
holding FULT $2.50 par value Common Stock 429 01 May 2024 By Children F3
holding FULT $2.50 par value Common Stock 96.6K 01 May 2024 By IRA
holding FULT $2.50 par value Common Stock 3.85K 01 May 2024 By Spouse IRA

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 FULT Performance Stock Units Options Exercise $0 -116K -100% $0.00* 0 01 May 2024 $2.50 par value Common Stock 116K Direct F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 144,296.5261 shares held jointly with spouse.
F2 Represents shares withheld to cover the reporting person's tax liability.
F3 Includes 4.09030 shares acquired on January 17, 2024 and 4.43690 shares acquired on April 17, 2024 pursuant to dividend reinvestment.
F4 Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
F5 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.