Thomas R. Quinn Jr. - 10 Feb 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
President & CEO, Director
Signature
/s/ Thomas R Quinn Jr
Issuer symbol
ORRF
Transactions as of
10 Feb 2023
Net transactions value
-$333,235
Form type
4
Filing time
14 Feb 2023, 15:54:34 UTC
Previous filing
18 Feb 2022
Next filing
20 Feb 2024
SEC
View on sec.gov

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 +9,479 +103% $0.000000 18,701 10 Feb 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +9,479 +81% $0.000000 21,135 10 Feb 2023 Direct F2
transaction ORRF Orrstown Financial Services, Inc, Common Stock Sale $333,235 -14,432 -30% $23.09 33,486 13 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock with various vesting dates over the next 3 years.
F2 Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.
F3 Includes 33,428 shares owned jointly with the reporting persons spouse