Sec Form 4 Filing - GEMMILL ELIZABETH H @ Beneficial Bancorp Inc. - 2018-01-26

Insider filing report for Changes in Beneficial Ownership
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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
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1. Name and Address of Reporting Person
GEMMILL ELIZABETH H
2. Issuer Name and Ticker or Trading Symbol
Beneficial Bancorp Inc. [ BNCL]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X __ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1818 MARKET STREET
3. Date of Earliest Transaction (MM/DD/YY)
01/26/2018
(Street)
PHILADELPHIA, PA19103
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 01/26/2018 J( 1 ) V 2,778 A $ 0 131,254 D
Common Stock 01/26/2018 J( 1 ) V 2,778 D $ 0 0 I Restricted Stock XII ( 2 )
Common Stock 660 I Restricted Stock VII ( 3 )
Common Stock 22,037 I Restricted Stock X ( 4 )
Common Stock 2,410 I Restricted Stock XIII ( 5 )
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 (Right to Buy) $ 7.59 ( 6 ) 03/09/2019 Common Stock 5,499 5,499 D
Stock Option (Right to Buy) $ 7.62 ( 6 ) 05/27/2021 Common Stock 5,499 5,499 D
Stock Option (Right to Buy) $ 8.3 ( 6 ) 03/23/2022 Common Stock 10,999 10,999 D
Stock Option (Right to Buy) $ 8.4 ( 6 ) 01/17/2023 Common Stock 10,999 10,999 D
Stock Option (Right to Buy) $ 8.82 ( 6 ) 03/05/2020 Common Stock 5,499 5,499 D
Stock Option (Right to Buy) $ 10.77 ( 7 ) 02/20/2024 Common Stock 13,748 13,748 D
Stock Option (Right to Buy) $ 10.78 ( 6 ) 08/06/2018 Common Stock 27,498 27,498 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
GEMMILL ELIZABETH H
1818 MARKET STREET
PHILADELPHIA, PA19103
X
Signatures
/s/ Amy J. Hannigan, Power of Attorney 01/29/2018
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Since the reporting person's last report, 2,778 shares of restricted stock have vested and are now held directly.
( 2 )Shares of restricted stock will fully vest on January 26, 2018.
( 3 )Shares of restricted stock vest in 5 equal annual installments with the first 20% vesting on February 20, 2015, the first anniversary of the date of the award.
( 4 )Shares of restricted stock vest in 3 installments with the first 33 1/3% vesting on June 9, 2017, the first anniversary of the date of the award, and the second and third installments vesting on January 9, 2018 and January 9, 2019, respectively.
( 5 )Shares of restricted stock will fully vest on January 25, 2019.
( 6 )Stock options are fully vested and exercisable.
( 7 )Stock options vest in 5 equal annual installments with the first 20% vesting on February 20, 2015, the first anniversary of the date of the grant.

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).

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