Filing Details

Accession Number:
0000939057-18-000075
Form Type:
4
Zero Holdings:
No
Publication Time:
2018-03-08 10:04:44
Reporting Period:
2018-03-07
Accepted Time:
2018-03-08 10:04:44
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1010470 Provident Financial Holdings Inc PROV Savings Institution, Federally Chartered (6035) 330704889
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1180038 P Donavon Ternes 3756 Central Avenue
Riverside CA 92506
President, Coo, & Cfo No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock, Par Value $0.01 Acquisiton 2018-03-07 25,000 $7.03 209,647 No 4 M Direct
Common Stock, Par Value $0.01 Disposition 2018-03-07 15,000 $18.25 194,647 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Options to Purchase Common Stock Disposition 2018-03-07 25,000 $0.00 25,000 $7.03
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
85,000 2011-08-07 2018-08-07 No 4 M Direct
Footnotes
  1. Mr. Ternes exercised 25,000 options to acquire 25,000 shares of common stock under Provident's 2006 Equity Incentive Plan which vested on August 7, 2011.
  2. Ownership of 194,647 shares includes the 14,250 shares of restricted stock awarded on September 30, 2014 from the 2010 Equity Incentive Plan which vests on September 30, 2018; indirect ownership of 25,784 shares in Mr. Ternes' Employee Stock Ownership Plan account; and indirect ownership of 47,500 shares owned by Mr. Ternes' spouse.
  3. Mr. Ternes has previously been granted 40,000 options to acquire 40,000 shares of common stock under Provident's 2010 Equity Incentive Plan. Fifty percent of the grant vests on September 30, 2016, fifty percent of the grant vests on September 30, 2018, and the entire grant expires on September 30, 2024.Also, Mr. Ternes has previously been granted 45,000 options to acquire 45,000 shares of common stock under Provident's 2010 Equity Incentive Plan. Fifty percent of the grant vests on June 20, 2013, fifty percent of the grant vests on June 20, 2015, and the entire grant expires on June 20, 2021.