Zachary Moses Khuri - 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 $
-$45,269
Form type
4
Date filed
2/20/2024, 04:38 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 -$14.2K -530 -9.84% $26.75 4.86K Feb 15, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Tax liability -$14.4K -539 -8.59% $26.75 5.74K Feb 15, 2024 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability -$16.7K -603 -17% $27.65 2.94K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +3.14K +106.52% $0.00 6.08K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +3.14K +54.67% $0.00 8.87K Feb 16, 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 8.05K Feb 15, 2024 Direct
* 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.