Robert J. Marino Under Power - 22 Dec 2022 Form 4 Insider Report for HV Bancorp, Inc.

Role
Vice-Chair and President, Director
Signature
/s/ Janice Garner, pursuant to power of attorney
Issuer symbol
N/A
Transactions as of
22 Dec 2022
Net transactions value
-$4.43
Form type
4
Filing time
23 Dec 2022, 13:50:44 UTC
Previous filing
17 Jun 2022
Next filing
16 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HVBC Common Stock Options Exercise $70,048 +4,400 +15% $15.92 34,400 22 Dec 2022 Direct F1, F2
transaction HVBC Common Stock Tax liability $70,052 -2,534 -7.4% $27.64 31,866 22 Dec 2022 Direct F1, F2
holding HVBC Common Stock 79,606 22 Dec 2022 By IRA
holding HVBC Common Stock 1,135 22 Dec 2022 By 401(k) F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HVBC Stock Options Options Exercise $0 -4,400 -44% $0.000000 5,600 22 Dec 2022 Common Stock 4,400 $15.92 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 21, 2022, the Compensation Committee approved the acceleration of vesting of 2,800 shares of restricted stock.
F2 Shares of restricted stock vest at a rate of 16% on June 15, 2023 and 14% per year for each of the following 6 years.
F3 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F4 Stock options vest at a rate of 16% on June 13, 2020 and 14% per year for each of the following 6 years.