Michael P. Lipke - 26 Oct 2021 Form 4 Insider Report for CORTLAND BANCORP INC

Role
Vice President
Signature
Michael P. Lipke
Issuer symbol
N/A
Transactions as of
26 Oct 2021
Net transactions value
-$26,751
Form type
4
Filing time
27 Oct 2021, 10:49:29 UTC
Previous filing
27 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 $26,751 -952 -26% $28.10 2,757 26 Oct 2021 Direct F1
holding CLDB Cortland Bancorp Common Stock 405 26 Oct 2021 401-K/Unitized Fund
* 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 3,459 shares of restricted stock, initially scheduled to vest upon a change in control of Cortland Bancorp, on October 26, 2021.