Adam L. Metz - Feb 15, 2024 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
EVP, Chief Revenue Officer
Signature
/s/ Casara I Kieffer as P.O.A.
Stock symbol
ORRF
Transactions as of
Feb 15, 2024
Transactions value $
-$55,452
Form type
4
Date filed
2/20/2024, 04:36 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 -$18.7K -699 -11.62% $26.75 5.32K Feb 15, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Tax liability -$18.7K -699 -10.01% $26.75 6.28K Feb 15, 2024 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability -$18.1K -653 -16.85% $27.65 3.22K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +3.43K +106.55% $0.00 6.66K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3.43K +54.66% $0.00 9.72K Feb 16, 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 10.7K 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 2,925 shares owned jointly with the reporting persons spouse