Joseph Mancini - Apr 22, 2021 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role: Chief Operating Officer
Signature: /s/ Carol Houle, pursuant to power of attorney
Stock symbol: PVBC
Transactions as of: Apr 22, 2021
Transactions value $: $0
Form type: 4
Date filed: 5/19/2021, 12:16 PM
Next filing: Aug 13, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PVBC	Common Stock	Award	$0	+12K	+171428.57%	$0.00	12K	Apr 22, 2021	Direct	F1
holding	PVBC	Common Stock						577	Apr 22, 2021	By ESOP

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	PVBC	Stock Options	Award	$0	+30K		$0.00	30K	Apr 22, 2021	Common Stock	30K	$15.00	Direct	F2

* 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 20% per year commencing on April 22, 2022.
F2	Stock option vest at a rate of 20% per year commencing on April 22, 2022.