Christopher D. Holt - 15 Feb 2024 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Signature
/s/ Casara I Kieffer as P.O.A.
Issuer symbol
ORRF
Transactions as of
15 Feb 2024
Net transactions value
-$62,021
Form type
4
Filing time
20 Feb 2024, 16:33:30 UTC
Previous filing
09 Mar 2023
Next filing
03 Jul 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 $20,945 -783 -11% $26.75 6,263 15 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Tax liability $20,918 -782 -9.6% $26.75 7,399 15 Feb 2024 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability $20,157 -729 -16% $27.65 3,797 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +4,044 +107% $0.000000 7,841 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +4,044 +55% $0.000000 11,443 16 Feb 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 12,372 15 Feb 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 1,000 shares owned by the reporting persons spouse