Jose M. Collazo - Nov 17, 2023 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Signature
/s/ Jose M. Collazo
Stock symbol
NECB
Transactions as of
Nov 17, 2023
Transactions value $
-$103,302
Form type
4
Date filed
11/21/2023, 03:25 PM
Previous filing
Nov 21, 2022
Next filing
Nov 20, 2024

Transactions Table

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
holding NECB Stock Option (right to buy) 137K Nov 17, 2023 Common Stock 137K $14.08 Direct F5
holding NECB Stock Option (right to buy) 12.5K Nov 17, 2023 Common Stock 12.5K $14.08 By Spouse F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares held directly includes certain shares that were previously held by Stock Award and by Spouse Stock Award which have subsequently vested.
F2 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F3 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.
F4 Stock Awards granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on November 17, 2023.
F5 Stock Options granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on November 17, 2023.
F6 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.