Jeffrey M. Werdein - Apr 23, 2024 Form 4 Insider Report for LAKE SHORE BANCORP, INC. (LSBK)

Role
EVP - Commercial Division
Signature
/s/ Taylor M. Gilden, Pursuant to Power of Attorney
Stock symbol
LSBK
Transactions as of
Apr 23, 2024
Transactions value $
$0
Form type
4
Date filed
4/25/2024, 04:20 PM
Previous filing
Mar 4, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LSBK Common Stock Award $0 +2.53K +15.45% $0.00 18.9K Apr 23, 2024 Direct F1
holding LSBK Common Stock 4.53K Apr 23, 2024 By ESOP F2

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) 17.1K Apr 23, 2024 Common Stock 17.1K $14.38 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 25% per year commencing on April 23, 2025
F2 These shares were acquired pursuant to an Employee Stock Ownership Plan Allocation
F3 Options are fully vested