Matthew Dyckman - Feb 28, 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
EVP, General Counsel
Signature
/s/ Matthew Dyckman
Stock symbol
ORRF
Transactions as of
Feb 28, 2023
Transactions value $
$11,625
Form type
4
Date filed
3/1/2023, 03:57 PM
Previous filing
Feb 14, 2023
Next filing
Mar 20, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc, Common Stock Purchase $11.6K +500 +40.26% $23.25 1.74K Feb 28, 2023 Direct
holding ORRF Orrstown Financial Services, Inc. Common, Restricted Stock 7.52K Feb 28, 2023 Direct F1
holding ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. 3.86K Feb 28, 2023 Direct F2
* 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.