Guida R. Sajdak - 24 Feb 2022 Form 4 Insider Report for Western New England Bancorp, Inc. (WNEB)

Role
EVP & Chief Financial Officer
Signature
/s/ John E. Bonini, Attorney-in-Fact
Issuer symbol
WNEB
Transactions as of
24 Feb 2022
Net transactions value
+$25,464
Form type
4
Filing time
28 Feb 2022, 15:22:49 UTC
Previous filing
10 Feb 2022
Next filing
04 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WNEB Common Stock Award $35,701 +3,906 +18% $9.14 25,911 24 Feb 2022 Direct F1
transaction WNEB Common Stock Tax liability $10,237 -1,120 -4.3% $9.14 24,791 24 Feb 2022 Direct F2
holding WNEB Common Stock 6,014 24 Feb 2022 By 401(k) Plan
holding WNEB Common Stock 5,746 24 Feb 2022 By ESOP
holding WNEB Common Stock 485 24 Feb 2022 By Son
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued to the reporting person pursuant to the Western New England Bancorp, Inc. 2019 Long-Term Incentive Plan, which provided for the award of shares of common stock of the Company based on the Company's performance over a designated three-year period.
F2 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the award of common stock described in footnote 1.