GREGORY F. HOLCOMBE - 08 Aug 2024 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role
Director
Signature
/s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol
OBT
Transactions as of
08 Aug 2024
Net transactions value
+$458
Form type
4
Filing time
28 Jan 2025, 15:36:46 UTC
Previous filing
03 Jul 2024
Next filing
28 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBT Common Stock Disposed to Issuer -450 -1.3% 34,530 08 Aug 2024 Direct F1, F2, F4
holding OBT Common Stock 7,460 08 Aug 2024 By Foundation
holding OBT Common Stock 34,720 08 Aug 2024 By LLC
holding OBT Common Stock 6,027 08 Aug 2024 By Trust

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 $458 8,167 08 Aug 2024 Common Stock 458 Direct F2, F3
* 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 Restricted stock units which vested 100% on August 8, 2024 (including accumulated dividends) and were deferred into the Orange County Bancorp, Inc. Stock-Based Deferral Plan, as amended and restated. The restricted stock units will settle in shares of Issuer common stock upon the reporting person's separation from service.
F3 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.
F4 Includes restricted stock units which vest 100% on March 21, 2025 and are settled in shares of Issuer common stock upon separation from service of the reporting person.