Louis Heimbach - Apr 3, 2023 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role
Director
Signature
/s/ Jennifer Staub, pursuant to power of attorney
Stock symbol
OBT
Transactions as of
Apr 3, 2023
Transactions value $
$17,992
Form type
4
Date filed
4/5/2023, 01:37 PM
Previous filing
Mar 16, 2023
Next filing
May 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OBT Common Stock 55.5K Apr 3, 2023 Direct F1
holding OBT Common Stock 3.09K Apr 3, 2023 By IRA

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 OBT Phantom Stock Award $18K +409 +105.96% $43.99 795 Apr 3, 2023 Common Stock 409 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units which vest 100% as of the date of grant and are settled in shares of Issuer common stock upon separation from service of the reporting person.
F2 Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as a director.