David Todd Hornberger - Feb 15, 2024 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
EVP, Market President
Signature
/s/ Casara I Kieffer as P.O.A.
Stock symbol
ORRF
Transactions as of
Feb 15, 2024
Transactions value $
-$53,100
Form type
4
Date filed
2/20/2024, 04:31 PM
Previous filing
Feb 14, 2023
Next filing
Jul 3, 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 Tax liability -$17.8K -667 -11.36% $26.75 5.2K Feb 15, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Tax liability -$17.9K -671 -9.84% $26.75 6.15K Feb 15, 2024 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability -$17.3K -626 -16.56% $27.65 3.16K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +3.36K +106.5% $0.00 6.52K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3.36K +54.67% $0.00 9.51K Feb 16, 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 20.4K Feb 15, 2024 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 6,952 shares owned jointly with the reporting persons spouse