Matthew Dyckman - 10 Feb 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Signature
/s/ Matthew Dyckman
Issuer symbol
ORRF
Transactions as of
10 Feb 2023
Net transactions value
-$2,431
Form type
4
Filing time
14 Feb 2023, 15:53:45 UTC
Previous filing
18 Feb 2022
Next filing
01 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +2,829 +56% $0.000000 7,858 10 Feb 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +2,828 +274% $0.000000 3,859 10 Feb 2023 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability $2,431 -101 -1.3% $24.07 7,515 11 Feb 2023 Direct F1
holding ORRF Orrstown Financial Services, Inc, Common Stock 1,242 10 Feb 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-vested restricted stock with various vesting dates over the next three years
F2 Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.