John Anthony Chappelle - 06 Mar 2023 Form 4 Insider Report for COMMUNITY FINANCIAL CORP /MD/

Signature
/s/ John Anthony Chappelle
Issuer symbol
N/A
Transactions as of
06 Mar 2023
Net transactions value
$0
Form type
4
Filing time
08 Mar 2023, 16:12:27 UTC
Previous filing
14 Feb 2022
Next filing
15 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCFC Common Stock Award $0 +336 +18% $0.000000 2,238 06 Mar 2023 Direct F1, F2
transaction TCFC Common Stock Award $0 +288 $0.000000 288 06 Mar 2023 By Restricted Stock Units V F3
holding TCFC Common Stock 688 06 Mar 2023 By ESOP F4
holding TCFC Common Stock 96 06 Mar 2023 By Restricted Stock Units F5
holding TCFC Common Stock 167 06 Mar 2023 By Restricted Stock Units II F6
holding TCFC Common Stock 122 06 Mar 2023 By Restricted Stock Units III F7
holding TCFC Common Stock 169 06 Mar 2023 By Restricted Stock Units IV F8
* 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. This form also reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under The Community Financial Corporation Dividend Reinvestment Plan pursuant to Rule 16a-11.
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 This form reflects an increase in beneficial ownership resulting from an exempt acquisition pursuant to Rule 16b-3(c).
F5 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.
F6 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.
F7 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.
F8 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.