Talal Tay - Mar 6, 2023 Form 4 Insider Report for COMMUNITY FINANCIAL CORP /MD/ (TCFC)

Role: EVP & CRO of Subsidiary
Signature: /s/ Talal Tay
Stock symbol: TCFC
Transactions as of: Mar 6, 2023
Transactions value $: $0
Form type: 4
Date filed: 3/8/2023, 04:12 PM
Previous filing: Feb 14, 2022
Next filing: Jul 3, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TCFC	Common Stock	Award	$0	+555	+37.27%	$0.00	2.04K	Mar 6, 2023	Direct	F1, F2
transaction	TCFC	Common Stock	Award	$0	+319		$0.00	319	Mar 6, 2023	By Restricted Stock Units V	F3
holding	TCFC	Common Stock						242	Mar 6, 2023	By ESOP	F4
holding	TCFC	Common Stock						159	Mar 6, 2023	By Restricted Stock Units	F5
holding	TCFC	Common Stock						167	Mar 6, 2023	By Restricted Stock Units II	F6
holding	TCFC	Common Stock						159	Mar 6, 2023	By Restricted Stock Units III	F7
holding	TCFC	Common Stock						202	Mar 6, 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.