Kevin M. Sanvidge - 31 Oct 2023 Form 4 Insider Report for LAKE SHORE BANCORP, INC. (LSBK)

Signature
/s/ Rachel A. Foley, pursuant to power of attorney
Issuer symbol
LSBK
Transactions as of
31 Oct 2023
Net transactions value
+$10,165
Form type
4
Filing time
02 Nov 2023, 17:22:27 UTC
Previous filing
14 Feb 2024
Next filing
25 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSBK Common Stock Purchase $10,165 +1,000 +7.5% $10.16 14,346 31 Oct 2023 Direct F1, F2
holding LSBK Common Stock 705 31 Oct 2023 As Custodian for Grandchildren

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding LSBK Stock Option (Right to Buy) 10,749 31 Oct 2023 Common Stock 10,749 $14.38 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 387 Shares of restricted stock vest on January 17, 2024.
F2 1,046 Shares of restricted stock vest on January 18, 2024.
F3 Stock options vest at a rate of 20% per year commencing on October 21, 2017.