Robert L. Fisher II - 05 May 2023 Form 4 Insider Report for FIRST UNITED CORP/MD/ (FUNC)

Signature
/s/ Robert L. Fisher, II
Issuer symbol
FUNC
Transactions as of
05 May 2023
Net transactions value
+$1,105
Form type
4
Filing time
08 May 2023, 18:22:15 UTC
Previous filing
29 Mar 2023
Next filing
13 Mar 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FUNC Common Stock Tax liability $1,105 +84 +0.72% $13.16 11,703 05 May 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 previously-reported time-vesting restricted stock units as permitted by the related award agreement and approved by the issuer's Compensation Committee. The associated shares were granted on May 5, 2021 and were reported in a Form 4 filed on May 7, 2021 (the "Prior Form 4"). The amount reported in Table I of the Prior Form 4 reflected the total shares that could be issued ratably over three years if the reporting person were to be employed on each applicable vesting date.