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

Role: Chief Credit Officer
Signature: Christopher Tonkovich, by Edward Hogan, attorney-in-fact
Issuer symbol: BPRN
Transactions as of: 27 Jan 2023
Net transactions value: -$7,681
Form type: 4
Filing time: 31 Jan 2023, 09:58:23 UTC
Previous filing: 30 Jan 2023
Next filing: 26 Jan 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BPRN	Common Stock	Options Exercise	$0	+544	+14%	$0.000000	4,434	27 Jan 2023	Direct	F1
transaction	BPRN	Common Stock	Tax liability	$5,040	-150	-3.4%	$33.60	4,284	30 Jan 2023	Direct	F2
transaction	BPRN	Common Stock	Tax liability	$2,641	-81	-1.9%	$32.61	4,203	30 Jan 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%	$0.000000	544	27 Jan 2023	Common Stock	1,088	$0.000000	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.