Keith A. Leinenbach - Mar 15, 2024 Form 4 Insider Report for GERMAN AMERICAN BANCORP, INC. (GABC)

Signature
/s/ Terri Eckerle, Attorney-in-Fact
Stock symbol
GABC
Transactions as of
Mar 15, 2024
Transactions value $
-$48,122
Form type
4
Date filed
3/18/2024, 05:19 PM
Previous filing
Feb 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GABC Common Stock Tax liability -$11K -345 -0.64% $31.89 53.6K Mar 15, 2024 Direct F1
transaction GABC Common Stock Tax liability -$16K -501 -0.93% $31.89 53.1K Mar 15, 2024 Direct F2
transaction GABC Common Stock Tax liability -$21.1K -663 -1.25% $31.89 52.4K Mar 15, 2024 Direct F3
transaction GABC Common Stock Award $0 +5.21K +9.93% $0.00 57.6K Mar 15, 2024 Direct F4
holding GABC Common Stock 129 Mar 15, 2024 Held in IRA
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of 844 shares of restricted stock granted under a March 15, 2021 award.
F2 Reflects shares surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of 1,227 shares of restricted stock granted under a March 15, 2022 award.
F3 Reflects shares surrendered by the Reporting Person to satisfy tax withholding obligations upon the vesting of 1,623 shares of restricted stock granted under a March 15, 2023 award.
F4 Restricted stock granted pursuant to 2023 Executive Management Incentive Plan, subject to vesting in three approximately equal annual installments beginning on the first anniversary of the grant date. No consideration paid.