Charles A. Martinek - 17 Nov 2022 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role
Director
Signature
/s/ Charles A. Martinek
Issuer symbol
NECB
Transactions as of
17 Nov 2022
Net transactions value
$0
Form type
4
Filing time
21 Nov 2022, 15:02:03 UTC
Previous filing
20 Aug 2021
Next filing
21 Nov 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NECB Common Stock Award $0 +8,000 $0.000000 8,000 17 Nov 2022 By Stock Award F1
holding NECB Common Stock 141 17 Nov 2022 Direct
holding NECB Common Stock 6,181 17 Nov 2022 By 401(k) F2
holding NECB Common Stock 15,104 17 Nov 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 +20,000 $0.000000 20,000 17 Nov 2022 Common Stock 20,000 $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 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).
F3 Stock Options granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five equal annual installments commencing on November 17, 2023.