David J. Lucido - Oct 26, 2021 Form 4 Insider Report for CORTLAND BANCORP INC (CLDB)

Role
SVP & CFO
Signature
David J. Lucido
Stock symbol
CLDB
Transactions as of
Oct 26, 2021
Transactions value $
-$66,344
Form type
4
Date filed
10/27/2021, 10:36 AM
Previous filing
May 11, 2021
Next filing
Nov 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLDB Cortland Bancorp Common Stock Tax liability -$66.3K -2.36K -100% $28.10 0 Oct 26, 2021 Direct F1
holding CLDB Cortland Bancorp Common Stock 15.5K Oct 26, 2021 401-K/Unitized Fund
holding CLDB Cortland Bancorp Common Stock 15.9K Oct 26, 2021 David J. Lucido/Tina M. Lucido Revocable Grantor Trust F2
holding CLDB Cortland Bancorp Common Stock 1.1K Oct 26, 2021 Tina M. Lucido/David J. Lucido Revocable Grantor Trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the accelerated vesting of 8,477 shares of restricted stock, initially scheduled to vest upon a change in control of Cortland Bancorp, on October 26, 2021.
F2 Includes shares that were vested from direct ownership to indirect ownership.