Sec Form 4 Filing - FRATANDUONO SALVATORE @ PRUDENTIAL BANCORP, INC. - 2015-02-18

Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
What is insider trading>>
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: November 30, 2011
Estimated average burden hours per response... 0.5
1. Name and Address of Reporting Person
FRATANDUONO SALVATORE
2. Issuer Name and Ticker or Trading Symbol
PRUDENTIAL BANCORP, INC. [ PBIP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
*See Remarks
(Last) (First) (Middle)
C/O PRUDENTIAL SAVINGS BANK, 1834 OREGON AVENUE
3. Date of Earliest Transaction (MM/DD/YY)
02/18/2015
(Street)
PHILADELPHIA, PA19145
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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
Common Stock 02/18/2015 A 15,000 ( 1 ) A $ 0 20,047 ( 2 ) D
Common Stock 3,906 ( 3 ) I By 401(k) Plan
Common Stock 6,594 I By ESOP
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
Stock Option $ 12.23 02/18/2015 A 50,000 02/18/2016( 4 ) 02/18/2025 Common Stock 50,000 $ 0 50,000 D
Stock Option $ 11.84 01/05/2010( 5 ) 01/05/2019 Common Stock 21,353 21,353 D
Stock Option $ 7.68 01/05/2014( 6 ) 01/05/2023 Common Stock 5,901 5,901 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
FRATANDUONO SALVATORE
C/O PRUDENTIAL SAVINGS BANK
1834 OREGON AVENUE
PHILADELPHIA, PA19145
*See Remarks
Signatures
/s/Joseph R. Corrato, A.I.F. for Salvatore Fratanduono 02/20/2015
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents the grant of shares pursuant to the 2014 Stock Incentive Plan that vest 20% per year commencing on February 18, 2016.
( 2 )Includes 1,247 shares held in the 2008 Recognition and Retention Plan Trust which reflects the unvested portion of a grant award in the amount of 2,077 shares of common stock that is vesting at the rate of 20% per year commencing on January 5, 2014.
( 3 )Reflects units which represent share interests in the Issuer's 401(k) Plan.
( 4 )The options vest at a rate of 20% per year commencing on February 18, 2016.
( 5 )The options vested at the rate of 20% per year commencing on January 5, 2010.
( 6 )The options are vesting at the rate of 20% per year commencing on January 5, 2014.

Remarks:
Remarks: * Senior Vice President - Chief Lending Officer

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.