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

Role
Executive Vice President
Signature
/s/ Zachary Khuri
Issuer symbol
ORRF
Transactions as of
10 Feb 2023
Net transactions value
-$29,389
Form type
4
Filing time
14 Feb 2023, 15:59:09 UTC
Previous filing
29 Aug 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 +3,093 +41% $0.000000 10,579 10 Feb 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3,092 +71% $0.000000 7,446 10 Feb 2023 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability $29,389 -1,221 -16% $24.07 6,567 11 Feb 2023 Direct F1
holding ORRF Orrstown Financial Services, Inc, Common Stock 4,372 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.