Jeffrey M. Werdein - 12 Mar 2025 Form 4 Insider Report for LAKE SHORE BANCORP, INC. (LSBK)

Role
EVP - Commercial Division
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, 18:26:28 UTC
Previous filing
03 Mar 2025
Next filing
25 Apr 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 +3,014 +15% $0.000000 23,768 12 Mar 2025 Direct F1, F2
holding LSBK Common Stock 4,305 12 Mar 2025 By ESOP F3

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) 17,073 12 Mar 2025 Common Stock 17,073 $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 at a rate of 25% per year commencing on March 12, 2026.
F2 Includes 2,534 shares of restricted stock which vest at a rate of 25% per year commencing on April 23, 2025.
F3 These shares were acquired pursuant to an Employee Stock Ownership Plan allocation.
F4 Options are fully vested.