Robert W. DeRossett - Nov 16, 2022 Form 4 Insider Report for Mid-Southern Bancorp, Inc. (MSVB)

Role
CFO, BANCORP
Signature
/s/ Robert W DeRossett
Stock symbol
MSVB
Transactions as of
Nov 16, 2022
Transactions value $
$26,000
Form type
4
Date filed
11/18/2022, 09:30 AM
Previous filing
Dec 16, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MSVB Common Stock Award $26K +2K +266.67% $13.00 2.75K Nov 16, 2022 Direct F1

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 MSVB Stock Options Award $0 +1K $0.00 1K Nov 16, 2022 Common Stock 1K $13.00 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents award of restricted stock pursuant to the 2019 Equity Incentive Plan. 20% of the restricted stock award vests immediately, with the remaining 80% of the awarded stock vesting in four equal installments beginning on November 16, 2023, with the shares fully vested on November 16, 2026.
F2 The options were granted under the 2019 Equity Incentive Plan. 20% of the options granted were exercisable immediately with the remaining 80% of the awarded options first becoming exercisable in four equal installments beginning on November 16, 2023, with the options fully exercisable on November 16, 2026.