Daniel J. Santaniello - 31 Jul 2023 Form 4 Insider Report for FIDELITY D & D BANCORP INC (FDBC)

Role
President & CEO, Director
Signature
/s/ John Pash
Issuer symbol
FDBC
Transactions as of
31 Jul 2023
Net transactions value
+$227,975
Form type
4
Filing time
02 Aug 2023, 15:33:04 UTC
Previous filing
23 Feb 2023
Next filing
21 Dec 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDBC Common Stock Conversion of derivative security $227,975 +4,493 +9.1% $50.74 53,789 31 Jul 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
transaction FDBC Stock Appreciation Rights Conversion of derivative security -5,326 -21% 20,288 31 Jul 2023 Common Stock 5,326 $50.74 Direct F1, F2, F3, F4
transaction FDBC Stock Appreciation Rights Conversion of derivative security -6,662 -33% 13,626 31 Jul 2023 Common Stock 6,662 $50.74 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 7/31/2023 exercise of stock settled appreciation rights.
F2 All stock appreciation rights have vested.
F3 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.
F4 2016 Grant = $21.60, 2017 Grant = $26.17, 2018 Grant = $49.50 and 2019 Grant = $59.70.