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

Role
Chairman and CEO, Director
Signature
/s/ Kenneth A. Martinek
Stock symbol
NECB
Transactions as of
Nov 17, 2022
Transactions value $
$0
Form type
4
Date filed
11/21/2022, 03:02 PM
Previous filing
Jun 15, 2022
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 +10K $0.00 10K Nov 17, 2022 By Spouse Stock Award F1
transaction NECB Common Stock Award $0 +86.1K $0.00 86.1K Nov 17, 2022 By Stock Award F1
holding NECB Common Stock 34K Nov 17, 2022 Direct
holding NECB Common Stock 103K Nov 17, 2022 By 401(k) F2
holding NECB Common Stock 35.5K Nov 17, 2022 By ESOP
holding NECB Common Stock 10.4K Nov 17, 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 +215K $0.00 215K Nov 17, 2022 Common Stock 215K $14.08 Direct F3
transaction NECB Stock Option (right to buy) Award $0 +25K $0.00 25K Nov 17, 2022 Common Stock 25K $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.