Laurie H. Knapp - Jul 31, 2023 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
Director
Signature
/s/ Carol Houle, pursuant to power of attorney
Stock symbol
PVBC
Transactions as of
Jul 31, 2023
Transactions value $
$17,606
Form type
4
Date filed
8/1/2023, 03:14 PM
Previous filing
Aug 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Purchase $6.74K +693 +1.82% $9.72 38.7K Jul 31, 2023 Direct F1
transaction PVBC Common Stock Purchase $1.31K +135 +1.81% $9.70 7.58K Jul 31, 2023 By IRA
transaction PVBC Common Stock Purchase $1.95K +201 +2.78% $9.70 7.43K Jul 31, 2023 By Spouse
transaction PVBC Common Stock Options Exercise $8.61K +1K +2.58% $8.61 39.7K Aug 1, 2023 Direct F1
holding PVBC Common Stock 302 Jul 31, 2023 By Son 1
holding PVBC Common Stock 151 Jul 31, 2023 Joint with Son 2
holding PVBC Common Stock 151 Jul 31, 2023 Joint with Son 3

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 PVBC Stock Options Options Exercise -$1K 21.1K Aug 1, 2023 Common Stock 1K $8.61 Direct
holding PVBC Stock Options 25.5K Jul 31, 2023 Common Stock 25.5K $10.40 Direct F2
* 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 November 24, 2021.
F2 Stock option vest at a rate of 20% per year commencing on November 24, 2021.