Adam L. Metz - 15 Feb 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.
Issuer symbol
ORRF
Transactions as of
15 Feb 2024
Net transactions value
-$55,452
Form type
4
Filing time
20 Feb 2024, 16:36:42 UTC
Previous filing
14 Feb 2023
Next filing
03 Jul 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 Tax liability $18,698 -699 -12% $26.75 5,317 15 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Tax liability $18,698 -699 -10% $26.75 6,283 15 Feb 2024 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability $18,055 -653 -17% $27.65 3,223 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +3,434 +107% $0.000000 6,657 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3,434 +55% $0.000000 9,717 16 Feb 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 10,738 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 2,925 shares owned jointly with the reporting persons spouse