Andrew S. Samuel - Aug 31, 2024 Form 4 Insider Report for LINKBANCORP, Inc. (LNKB)

Role
CEO and Vice Chairman, Director
Signature
/s/ Melanie Vanderau, pursuant to power of attorney
Stock symbol
LNKB
Transactions as of
Aug 31, 2024
Transactions value $
-$6,592
Form type
4
Date filed
9/4/2024, 06:08 PM
Previous filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LNKB Common Stock Tax liability -$6.59K -1.05K -2.82% $6.29 36.2K Aug 31, 2024 Direct F1, F2
holding LNKB Common Stock 6.06K Aug 31, 2024 By Daughter's IRA F3

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
holding LNKB Stock Options 40K Aug 31, 2024 Common Stock 40K $10.00 Direct F4
holding LNKB Warrants 907K Aug 31, 2024 Common Stock 907K $10.00 Direct
holding LNKB Stock Options 7.5K Aug 31, 2024 Common Stock 7.5K $10.00 By Daughter F5
holding LNKB Stock Options 500 Aug 31, 2024 Common Stock 500 $7.00 By Daughter F6
holding LNKB Stock Options 500 Aug 31, 2024 Common Stock 500 $6.58 By Daughter F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 1,048 shares of common stock disposed of represent a portion of the 16,000 shares issued to the reporting person upon vesting of restricted stock. The shares disposed of were withheld to satisfy the reporting person's tax obligation.
F2 Includes 16,000 shares of restricted stock which vest at a rate of 20% per year commencing on August 31, 2024 and 16,000 shares of restricted stock units which vest at a rate of 33.33% per year commencing on May 23, 2025. Also reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F3 Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of shares held by his daughter.
F4 Stock options vest at a rate of 20% per year commencing on October 19, 2019.
F5 Stock options vest at a rate of 20% per year commencing on June 14, 2019. Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of stock options held by his daughter.
F6 Stock options vest at a rate of 20% per year commencing on August 31, 2024. Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of stock options held by his daughter.
F7 Stock options vest at a rate of 20% per year commencing on May 23, 2025. Mr. Samuel shares the same household as his daughter. Mr. Samuel disclaims beneficial ownership of stock options held by his daughter.