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

Role
President & CEO, Director
Signature
/s/ John Pash
Stock symbol
FDBC
Transactions as of
Jul 31, 2023
Transactions value $
$227,975
Form type
4
Date filed
8/2/2023, 03:33 PM
Previous filing
Feb 23, 2023
Next filing
Dec 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDBC Common Stock Conversion of derivative security $228K +4.49K +9.11% $50.74 53.8K Jul 31, 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 -5.33K -20.79% 20.3K Jul 31, 2023 Common Stock 5.33K $50.74 Direct F1, F2, F3, F4
transaction FDBC Stock Appreciation Rights Conversion of derivative security -6.66K -32.84% 13.6K Jul 31, 2023 Common Stock 6.66K $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.