Kevin M. Sanvidge - 05 Aug 2024 Form 4 Insider Report for LAKE SHORE BANCORP, INC. (LSBK)

Role: Director, Chairman of the Board
Signature: /s/ Taylor M. Gilden, Pursuant to Power of Attorney
Issuer symbol: LSBK
Transactions as of: 05 Aug 2024
Net transactions value: $0
Form type: 4
Filing time: 07 Aug 2024, 16:30:12 UTC
Previous filing: 29 Apr 2024
Next filing: 05 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LSBK	Common Stock	Gift	$0	-400	-2.2%	$0.000000	18,136	05 Aug 2024	Direct
transaction	LSBK	Common Stock	Gift	$0	+400	+44%	$0.000000	1,305	05 Aug 2024	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 Options (Right to Buy)						1,897	05 Aug 2024	Common Stock	1,897	$10.69	Direct	F1
holding	LSBK	Stock Options (Right to Buy)						10,749	05 Aug 2024	Common Stock	10,749	$14.38	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock options vest at a rate of 20% per year commencing on April 23, 2025.
F2	Options are fully vested.