Jason B. Rush - 09 Mar 2022 Form 4 Insider Report for FIRST UNITED CORP/MD/ (FUNC)

Role
SVP & COO
Signature
/s/ Jason B. Rush
Issuer symbol
FUNC
Transactions as of
09 Mar 2022
Net transactions value
$0
Form type
4
Filing time
09 Mar 2022, 16:13:17 UTC
Previous filing
03 Feb 2022
Next filing
03 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUNC Common Stock Award $0 +791 +4.4% $0.000000 18,856 09 Mar 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The shares were issued pursuant to performance-vesting restricted stock units ("RSUs") that were granted on March 26, 2020 and vested at the maximum award level on March 9, 2022. The RSUs were previously reported in a Form 4 filed on March 30, 2020 (the "Prior Form 4"). The amount reported in Table I of the Prior Form 4 reflected the shares that could be issued under the RSUs at the target award level. The amount reported in this Form 4 represents the difference between the shares earned by the reporting person at the maximum award level (as disclosed in footnote 2 to the Prior Form 4) and the target shares that were reported in Table I of the Prior Form 4.