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

Role
EVP, General Counsel
Signature
/s/ Matthew Dyckman
Stock symbol
ORRF
Transactions as of
Feb 10, 2023
Transactions value $
-$2,431
Form type
4
Date filed
2/14/2023, 03:53 PM
Previous filing
Feb 18, 2022
Next filing
Mar 1, 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 +2.83K +56.25% $0.00 7.86K Feb 10, 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +2.83K +274.3% $0.00 3.86K Feb 10, 2023 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability -$2.43K -101 -1.33% $24.07 7.52K Feb 11, 2023 Direct F1
holding ORRF Orrstown Financial Services, Inc, Common Stock 1.24K Feb 10, 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.