0001567619-23-000142.txt : 20230104 0001567619-23-000142.hdr.sgml : 20230104 20230104144456 ACCESSION NUMBER: 0001567619-23-000142 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20230101 FILED AS OF DATE: 20230104 DATE AS OF CHANGE: 20230104 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Weber Michael T. CENTRAL INDEX KEY: 0001703745 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-38065 FILM NUMBER: 23505668 MAIL ADDRESS: STREET 1: 2651 STRANG BOULEVARD STREET 2: SUITE 100 CITY: YORKTOWN HEIGHTS STATE: NY ZIP: 10598 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: PCSB Financial Corp CENTRAL INDEX KEY: 0001691337 STANDARD INDUSTRIAL CLASSIFICATION: SAVINGS INSTITUTIONS, NOT FEDERALLY CHARTERED [6036] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0630 BUSINESS ADDRESS: STREET 1: 2651 STRANG BOULEVARD STREET 2: SUITE 100 CITY: YORKTOWN HEIGHTS STATE: NY ZIP: 10598 BUSINESS PHONE: 914-248-7272 MAIL ADDRESS: STREET 1: 2651 STRANG BOULEVARD STREET 2: SUITE 100 CITY: YORKTOWN HEIGHTS STATE: NY ZIP: 10598 4 1 doc1.xml FORM 4 X0306 4 2023-01-01 1 0001691337 PCSB Financial Corp PCSB 0001703745 Weber Michael T. 2651 STRANG BOULEVARD, SUITE 100 YORKTOWN HEIGHTS NY 10598 1 0 0 0 Common Stock 2023-01-01 4 D 0 26951 D 0 D Stock Options 18.27 2023-01-01 4 D 0 44662 D 2019-10-24 2028-10-24 Common Stock 44662 0 D Phantom Stock 2023-01-01 4 D 0 2791.2183 D Common Stock 2791.2183 0 D Pursuant to a merger agreement between the Issuer and Brookline Bancorp, Inc., each share of Issuer common stock was converted into and became exchangeable for the right to receive, at the election of the holder, either (i) $22.00 in cash or (ii) 1.3284 shares of Brookline Bancorp, Inc. common stock. Each option to purchase Issuer common stock, whether vested or unvested, automatically converted to the right to receive a cash payment equal to (i) the number of shares of Issuer common stock provided for in such option multiplied by (ii) the excess, if any, of $22.00 over the exercise price per share of Issuer common stock provided for in such option, which cash payment was made without interest and net of all applicable withholding taxes. Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's termination of service as a director in accordance with footnote 1 above. /s/ Victor L. Cangelosi, pursuant to Power of Attorney 2023-01-04