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