Adam L. Metz - 10 Feb 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
Executive Vice President
Signature
/s/ Adam Metz
Issuer symbol
ORRF
Transactions as of
10 Feb 2023
Net transactions value
-$49,199
Form type
4
Filing time
14 Feb 2023, 16:02:43 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 +3,387 +36% $0.000000 12,913 10 Feb 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3,386 +66% $0.000000 8,530 10 Feb 2023 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability $49,199 -2,044 -21% $24.07 7,564 11 Feb 2023 Direct F1
holding ORRF Orrstown Financial Services, Inc, Common Stock 6,230 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 2,925 shares owned jointly with the reporting persons spouse