Ralph J. Lober II - Oct 27, 2022 Form 4 Insider Report for CONSUMERS BANCORP INC /OH/ (CBKM)

Signature
/s/Ralph J. Lober II
Stock symbol
CBKM
Transactions as of
Oct 27, 2022
Transactions value $
$0
Form type
4
Date filed
10/31/2022, 04:45 PM
Previous filing
Sep 22, 2022
Next filing
Nov 1, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBKM Common Stock Award $0 +1.91K +3.6% $0.00 55K Oct 27, 2022 Direct F1, F2

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 CBKM Restricted Stock Award Award $0 +5.73K $0.00 5.73K Oct 27, 2022 Common Stock 5.73K Direct F3, F4
transaction CBKM Restricted Stock Units (performance Based Vesting) Award $0 +9.55K $0.00 9.55K Oct 27, 2022 Common Stock 9.55K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock Award
F2 Includes shares acquired through dividend reinvestment plan
F3 Each restricted stock award is the economic equliavant of one share of Consumers Bancorp Inc common stock
F4 Restricted Stock Awards vest in 3 installment beginning of first anniversary of the date of grant as listed in the "date exercisable" column
F5 The performance based RSUs will vest based on achievement of identified performance measures for fiscal year 2023, with additional time-based vesting in equal 25% installments on June 30, 2024, 2025 and 2026, assuming the Reporting Person remains continuously employed on the vesting dates. The amount reported represents the amount of shares payable at maximum performance; the Reporting Person could earn 0 - 50% of the amount reported depending on the level of performance achieved.