SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Wenger E Philip

(Last) (First) (Middle)
C/O FULTON FINANCIAL CORPORATION,
P.O. BOX 4887, ONE PENN SQUARE

(Street)
LANCASTER PA 17604

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FULTON FINANCIAL CORP [ FULT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/16/2023
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
$2.50 par value Common Stock 03/16/2023 S 0.5273(1) D $15.33 0.00(2) I By 401(k)
$2.50 par value Common Stock 05/01/2023 M 129,358.5214 A $0.00 490,369.0748(3) D
$2.50 par value Common Stock 05/01/2023 F 56,261.5214 D $11.79 434,107.5534(3) D
$2.50 par value Common Stock 3,753.0256(4) I By 401(k) Spouse
$2.50 par value Common Stock 410.5272(5) I By Children
$2.50 par value Common Stock 96,626 I By IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Performance Stock Units (6) 05/01/2023 M 129,358.5214 (7) (7) $2.50 par value Common Stock 129,358.5214 $0.00 0.00 D
Explanation of Responses:
1. Unintended sale of fractional shares by broker when shares were transferred between accounts for the reporting person. No whole shares were sold.
2. As of March 16, 2023, 401(k) was 96,626.5273 and shares transferred to IRA.
3. Includes 144,296.52610 shares held jointly with spouse.
4. Based on Plan Statement as of April 30, 2023.
5. Includes 3.3133 shares acquired on January 18, 2023 and 4.111 shares acquired on April 18, 2023, pursuant to dividend reinvestment.
6. Each performance-based restricted stock unit represents a contingent right to receive one share of Fulton Financial Corporation's common stock.
7. Reflects the earning and vesting of certain performance-based restricted stock units ("PSUs"), including accrued dividend equivalents, as of May 1, 2023. The PSUs were granted on May 1, 2020. The PSUs were earned and vested based upon Fulton Financial Corporation's level of achievement of return on assets, 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.
Remarks:
Mark A. Crowe, Attorney-in-Fact 05/03/2023
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.