Louis Heimbach - Oct 2, 2023 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role
Director
Signature
/s/ Jennifer Staub, pursuant to power of attorney
Stock symbol
OBT
Transactions as of
Oct 2, 2023
Transactions value $
$422
Form type
4
Date filed
10/3/2023, 02:45 PM
Previous filing
Sep 18, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding OBT Common Stock 57.3K Oct 2, 2023 Direct F1, F3
holding OBT Common Stock 3.21K Oct 2, 2023 By IRA

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 $422 $1.73K Oct 2, 2023 Common Stock 422 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units which vest 100% as of the date of grant and are settled in shares of Issuer common stock upon separation from service of the reporting person.
F2 Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as a director.
F3 Includes restricted stock units which vest 100% on August 8, 2024 and are settle in shares of Issuer common stock upon separation from service of the reporting person.