Christopher Tonkovich - Jan 27, 2023 Form 4 Insider Report for Princeton Bancorp, Inc. (BPRN)

Role
Chief Credit Officer
Signature
Christopher Tonkovich, by Edward Hogan, attorney-in-fact
Stock symbol
BPRN
Transactions as of
Jan 27, 2023
Transactions value $
-$7,681
Form type
4
Date filed
1/31/2023, 09:58 AM
Previous filing
Jan 30, 2023
Next filing
Jan 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BPRN Common Stock Options Exercise $0 +544 +13.98% $0.00 4.43K Jan 27, 2023 Direct F1
transaction BPRN Common Stock Tax liability -$5.04K -150 -3.38% $33.60 4.28K Jan 30, 2023 Direct F2
transaction BPRN Common Stock Tax liability -$2.64K -81 -1.89% $32.61 4.2K Jan 30, 2023 Direct 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 BPRN Restricted Stock Units Options Exercise $0 -544 -50% $0.00 544 Jan 27, 2023 Common Stock 1.09K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired pursuant to the vesting of the restricted stock unit award discussed in footnote 4.
F2 Represents the payment of the reporting person's tax liability by withholding shares incident to the vesting of the restricted stock units that vested on January 27, 2023.
F3 Represents the payment of the reporting person's tax liability by withholding shares incident to the vesting of the restricted stock units that vested on January 22, 2023.
F4 Restricted stock units convert into common stock on a one-for-one basis. On January 27, 2021, the reporting person was granted 1,633 restricted stock units, vesting in 1/3 installments over a 3-year period beginning on the first anniversary date of the grant.