Christopher D. Holt - 10 Feb 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Signature
/s/ Christopher D Holt
Issuer symbol
ORRF
Transactions as of
10 Feb 2023
Net transactions value
-$9,772
Form type
4
Filing time
14 Feb 2023, 15:55:30 UTC
Previous filing
17 Oct 2022
Next filing
09 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 +3,989 +57% $0.000000 11,047 10 Feb 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3,988 +66% $0.000000 10,045 10 Feb 2023 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability $9,772 -406 -4.4% $24.07 8,910 11 Feb 2023 Direct F1
holding ORRF Orrstown Financial Services, Inc, Common Stock 8,476 10 Feb 2023 Direct F3
* 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.
F3 Includes 1,000 shares owned jointly with the reporting persons spouse