Donald S. Hom - Nov 17, 2022 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role: EVP and CFO
Signature: /s/ Donald S. Hom
Stock symbol: NECB
Transactions as of: Nov 17, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/21/2022, 03:01 PM
Previous filing: Jul 14, 2021
Next filing: Nov 21, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NECB	Common Stock	Award	$0	+33.3K		$0.00	33.3K	Nov 17, 2022	By Stock Award	F1
holding	NECB	Common Stock						3K	Nov 17, 2022	Direct
holding	NECB	Common Stock						17.6K	Nov 17, 2022	By ESOP	F2

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	NECB	Stock Option (right to buy)	Award	$0	+83.2K		$0.00	83.2K	Nov 17, 2022	Common Stock	83.2K	$14.08	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock Awards granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on November 17, 2023.
F2	This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c) and reflects an adjustment to the reporting person's direct holdings to exclude shares incorrectly included in prior reports as held directly when in fact the shares were held By ESOP.
F3	Stock Options granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on November 17, 2023.