Filing Details

Accession Number:
0000939057-21-000071
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-26 12:56:00
Reporting Period:
2021-02-25
Accepted Time:
2021-02-26 12:56:00
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 2021-02-25 26,000 $7.43 231 No 4 M Direct
Common Stock, Par Value $0.01 Disposition 2021-02-25 26,000 $16.60 205,334 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 Option to Purchase Common Stock Disposition 2021-02-25 26,000 $0.00 26,000 $7.43
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
59,000 2015-06-20 2021-06-20 No 4 M Direct
Footnotes
  1. Mr. Ternes exercised 26,000 options to acquire 26,000 shares of common stock under Provident's 2010 Equity Incentive Plan which vested on June 20, 2015.
  2. Ownership of 205,334 shares includes 30,000 shares of restricted stock 50% of which vest on May 30, 2021 and May 30,2023, respectively; and indirect ownership of 13,666 shares in the reporting person ESOP account and indirect ownership of 47,500 shares owned by the reporting person's 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, 2021. Subsequent to the transaction described in this Form 4 19,000 options remain unexercised from this grant.