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

Role: Chairman and CEO, Director
Signature: /s/ Kenneth A. Martinek
Issuer symbol: NECB
Transactions as of: 17 Nov 2022
Net transactions value: $0
Form type: 4
Filing time: 21 Nov 2022, 15:02:04 UTC
Previous filing: 15 Jun 2022
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	+10,000		$0.000000	10,000	17 Nov 2022	By Spouse Stock Award	F1
transaction	NECB	Common Stock	Award	$0	+86,100		$0.000000	86,100	17 Nov 2022	By Stock Award	F1
holding	NECB	Common Stock						34,000	17 Nov 2022	Direct
holding	NECB	Common Stock						102,891	17 Nov 2022	By 401(k)	F2
holding	NECB	Common Stock						35,515	17 Nov 2022	By ESOP
holding	NECB	Common Stock						10,429	17 Nov 2022	By Spouse ESOP

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	+215,250		$0.000000	215,250	17 Nov 2022	Common Stock	215,250	$14.08	Direct	F3
transaction	NECB	Stock Option (right to buy)	Award	$0	+25,000		$0.000000	25,000	17 Nov 2022	Common Stock	25,000	$14.08	By Spouse	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.