Gregory Sousa - 15 Jun 2023 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role: EVP and CCBO
Signature: /s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol: OBT
Transactions as of: 15 Jun 2023
Net transactions value: +$131
Form type: 4
Filing time: 16 Jun 2023, 16:09:10 UTC
Previous filing: 16 Mar 2023
Next filing: 18 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	OBT	Common Stock						5,127	15 Jun 2023	Direct	F1, F2, F3, F4
holding	OBT	Common Stock						1,043	15 Jun 2023	By 401(k)	F5

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	$131	+4	+0.64%	$32.87	625	15 Jun 2023	Common Stock	4		Direct	F6

* 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 1/3 per year commencing on February 15, 2022.
F2	Includes restricted stock units which vest at a rate of 1/3 per year commencing on September 21, 2022.
F3	Includes restricted stock units which vest at a rate of 1/3 per year commencing on February 15, 2023.
F4	Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 11, 2024
F5	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F6	Represents deemed investments in connection with the Performance-Based SERP. Phantom stock interests under the Performance-Based SERP may be settled in shares of Company stock upon distribution to the reporting person, based on their prior election.