Kenneth H. Thomas - 12 Jul 2021 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role
Director
Signature
/s/ Kenneth H. Thomas
Issuer symbol
NECB
Transactions as of
12 Jul 2021
Net transactions value
+$110,000
Form type
4
Filing time
14 Jul 2021, 16:26:43 UTC
Next filing
15 Dec 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NECB Common Stock Other $0 +12,904 $0.000000 12,904 12 Jul 2021 Direct F1
transaction NECB Common Stock Purchase $110,000 +11,000 +85% $10.00 23,904 12 Jul 2021 Direct
transaction NECB Common Stock Other $0 +495 $0.000000 495 12 Jul 2021 By Spouse F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Plan of Conversion and Reorganization, as adopted on October 29, 2020 and amended on March 3, 2021, each share of NorthEast Community Bancorp, Inc. (Federal corporation) common stock was exchanged for 1.3400 shares of NorthEast Community Bancorp, Inc. (Maryland corporation) common stock, rounded down to the nearest whole share.