Robert L. Fisher II - 27 Mar 2023 Form 4 Insider Report for FIRST UNITED CORP/MD/ (FUNC)

Signature
/s/ Robert L. Fisher, II
Issuer symbol
FUNC
Transactions as of
27 Mar 2023
Net transactions value
-$2,041
Form type
4
Filing time
29 Mar 2023, 10:00:41 UTC
Previous filing
10 Mar 2023
Next filing
08 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUNC Common Stock Tax liability $2,041 -120 -1% $17.01 11,787 27 Mar 2023 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 surrendered to the issuer in satisfaction of the tax withholding obligations associated with the vesting of certain time-vesting Restricted Stock Units ("RSUs") as permitted by the related award agreement and approved by the issuer's Compensation Committee. The award of the RSUs was previously reported by the reporting person on a Form 4 filed on March 30, 2020, which reflected all shares that could be issued under the RSUs over the three-year vesting period.