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

Role
Vice President
Signature
Michael P. Lipke
Stock symbol
CLDB
Transactions as of
Oct 26, 2021
Transactions value $
-$26,751
Form type
4
Date filed
10/27/2021, 10:49 AM
Previous filing
May 27, 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 -$26.8K -952 -25.67% $28.10 2.76K Oct 26, 2021 Direct F1
holding CLDB Cortland Bancorp Common Stock 405 Oct 26, 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.