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

Role
SVP & CFO
Signature
David J. Lucido
Issuer symbol
N/A
Transactions as of
26 Oct 2021
Net transactions value
-$66,344
Form type
4
Filing time
27 Oct 2021, 10:36:33 UTC
Previous filing
11 May 2021
Next filing
02 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CLDB Cortland Bancorp Common Stock Tax liability $66,344 -2,361 -100% $28.10 0 26 Oct 2021 Direct F1
holding CLDB Cortland Bancorp Common Stock 15,538 26 Oct 2021 401-K/Unitized Fund
holding CLDB Cortland Bancorp Common Stock 15,892 26 Oct 2021 David J. Lucido/Tina M. Lucido Revocable Grantor Trust F2
holding CLDB Cortland Bancorp Common Stock 1,096 26 Oct 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.