Matthew Dyckman - 16 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
16 Feb 2024
Net transactions value
-$11,392
Form type
4
Filing time
20 Feb 2024, 16:37:34 UTC
Previous filing
20 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 $11,392 -412 -6.2% $27.65 6,229 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +3,795 +61% $0.000000 10,024 16 Feb 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3,795 +98% $0.000000 7,654 16 Feb 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 3,677 16 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 jointly with the reporting persons spouse