Kevin M. Sanvidge - 12 Mar 2025 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: 12 Mar 2025
Net transactions value: $0
Form type: 4
Filing time: 14 Mar 2025, 18:04:45 UTC
Previous filing: 05 Nov 2024
Next filing: 18 Jul 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LSBK	Common Stock	Award	$0	+1,045	+4.6%	$0.000000	23,560	12 Mar 2025	Direct	F1, F2
holding	LSBK	Common Stock						1,305	12 Mar 2025	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)						1,897	12 Mar 2025	Common Stock	1,897	$10.69	Direct	F3
holding	LSBK	Stock Option (Right to Buy)						10,749	12 Mar 2025	Common Stock	10,749	$14.38	Direct	F4

* 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 on March 12, 2026.
F2	Includes 1,190 shares of restricted stock which vest on April 23, 2025.
F3	Stock options vest at a rate of 20% per year commencing on April 23, 2025.
F4	Options are fully vested.