Zachary Moses Khuri - Feb 10, 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Signature
/s/ Zachary Khuri
Stock symbol
ORRF
Transactions as of
Feb 10, 2023
Transactions value $
-$29,389
Form type
4
Date filed
2/14/2023, 03:59 PM
Previous filing
Aug 29, 2022
Next filing
Feb 20, 2024

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 +3.09K +41.32% $0.00 10.6K Feb 10, 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3.09K +71.02% $0.00 7.45K Feb 10, 2023 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability -$29.4K -1.22K -15.68% $24.07 6.57K Feb 11, 2023 Direct F1
holding ORRF Orrstown Financial Services, Inc, Common Stock 4.37K 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.