Michael J. Gilfeather - 03 Jan 2023 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role: President and CEO, Director
Signature: /s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol: OBT
Transactions as of: 03 Jan 2023
Net transactions value: +$2,306
Form type: 4
Filing time: 03 Nov 2023, 10:29:35 UTC
Previous filing: 20 Dec 2022
Next filing: 17 Feb 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						34,099	03 Jan 2023	Direct	F1, F2, F3, F4
holding	OBT	Common Stock						7,800	03 Jan 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	$2,269				5,939	03 Jan 2023	Common Stock	2,269		Direct	F5
transaction	OBT	Phantom Stock	Award	$10				5,949	15 Mar 2023	Common Stock	10		Direct	F5
transaction	OBT	Phantom Stock	Award	$16				5,965	15 Jun 2023	Common Stock	16		Direct	F5
transaction	OBT	Phantom Stock	Award	$11				5,976	15 Sep 2023	Common Stock	11		Direct	F5

* 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	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 an executive and the reporting person reaches the age of 65.