Joseph Mancini - 22 Apr 2023 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
Chief Operating Officer
Signature
/s/ Carol Houle, pursuant to power of attorney
Issuer symbol
PVBC
Transactions as of
22 Apr 2023
Net transactions value
-$5,499
Form type
4
Filing time
24 Apr 2023, 14:27:19 UTC
Previous filing
07 Feb 2023
Next filing
13 Mar 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Tax liability $5,499 -768 -4.7% $7.16 15,729 22 Apr 2023 Direct F1, F2
holding PVBC Common Stock 2,019 22 Apr 2023 By ESOP
holding PVBC Common Stock 1,915 22 Apr 2023 By 401(k)

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 PVBC Stock Options 28,000 22 Apr 2023 Common Stock 28,000 $9.55 Direct F4
holding PVBC Stock Options 30,000 22 Apr 2023 Common Stock 30,000 $15.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 22, 2022.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on February 2, 2024.
F3 Stock option vest at a rate of 20% per year commencing on April 22, 2022.
F4 Stock option vest at a rate of 20% per year commencing on February 2, 2024.