James M. Burke - 06 Mar 2023 Form 4 Insider Report for COMMUNITY FINANCIAL CORP /MD/

Role: President & CEO, Director
Signature: /s/ James M. Burke
Issuer symbol: N/A
Transactions as of: 06 Mar 2023
Net transactions value: $0
Form type: 4
Filing time: 08 Mar 2023, 16:11:19 UTC
Previous filing: 03 Feb 2023
Next filing: 03 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCFC	Common Stock	Award	$0	+1,480	+6.8%	$0.000000	23,096	06 Mar 2023	Direct	F1, F2
transaction	TCFC	Common Stock	Award	$0	+2,015		$0.000000	2,015	06 Mar 2023	By Restricted Stock Units V	F3
holding	TCFC	Common Stock						2,262	06 Mar 2023	By ESOP
holding	TCFC	Common Stock						1,020	06 Mar 2023	By IRA
holding	TCFC	Common Stock						422	06 Mar 2023	By Restricted Stock Units	F4
holding	TCFC	Common Stock						334	06 Mar 2023	By Restricted Stock Units II	F5
holding	TCFC	Common Stock						408	06 Mar 2023	By Restricted Stock Units III	F6
holding	TCFC	Common Stock						512	06 Mar 2023	By Restricted Stock Units IV	F7

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

Explanation of Responses:

Id	Content
F1	On August 20, 2020, the reporting person was granted performance share units ("PSUs") which would vest upon the achievement of certain performance goals. On March 6, 2023, the Compensation Committee of The Community Financial Corporation's Board of Directors determined that the performance goals had been satisfied, resulting in the vesting of the PSUs on March 6, 2023.
F2	The number of shares held directly includes certain shares that were previously held by restricted stock and restricted stock units which have subsequently vested.
F3	Represents restricted stock units that vest in 3 annual installments beginning on March 6, 2024, the first anniversary of the date of the award. Each restricted stock unit represents a contingent right to receive one share of The Community Financial Corporation common stock.
F4	Represents restricted stock units that vest in 3 annual installments beginning on August 20, 2021, the first anniversary of the date of the award. Each restricted stock unit represents a contingent right to receive one share of The Community Financial Corporation common stock.
F5	Represents restricted stock units that vest in 3 annual installments beginning on December 17, 2021, the first anniversary of the date of the award. Each restricted stock unit represents a contingent right to receive one share of The Community Financial Corporation common stock.
F6	Represents restricted stock units that vest in 3 annual installments beginning on February 4, 2022, the first anniversary of the date of the award. Each restricted stock unit represents a contingent right to receive one share of The Community Financial Corporation common stock.
F7	Represents restricted stock units that vest in 3 annual installments beginning on February 10, 2023, the first anniversary of the date of the award. Each restricted stock unit represents a contingent right to receive one share of The Community Financial Corporation common stock.