Michael J. Pacyna Jr - Feb 21, 2023 Form 4 Insider Report for FIDELITY D & D BANCORP INC (FDBC)

Role: Executive VP & CLO
Signature: /s/ John Pash
Stock symbol: FDBC
Transactions as of: Feb 21, 2023
Transactions value $: $59,118
Form type: 4
Date filed: 2/23/2023, 02:26 PM
Previous filing: Feb 7, 2023
Next filing: Jun 20, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FDBC	Common Stock, Restricted	Award	$59.1K	+1.2K	+18.75%	$49.43	7.58K	Feb 21, 2023	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
holding	FDBC	Stock Appreciation Rights						9.79K	Feb 21, 2023	Common Stock	9.79K		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The award has a 0%, 0% and 100% three year cliff vesting schedule. The award shall be fully vested on February 21, 2026.
F2	2016 Grant = $21.60, 2017 Grant = $26.17, 2018 Grant = $49.50 and 2019 Grant = $59.70.
F3	All stock appreciation rights have vested.
F4	The stock appreciation rights expire as follows: 2/1/2026 for the 2016 grant, 2/6/2027 for the 2017 grant, 2/5/2028 for the 2018 grant and 2/4/2029 for the 2019 grant.