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

Role: Chief Operating Officer
Signature: /s/ Carol Houle, pursuant to power of attorney
Issuer symbol: PVBC
Transactions as of: 22 Apr 2021
Net transactions value: $0
Form type: 4
Filing time: 19 May 2021, 12:16:56 UTC
Next filing: 13 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PVBC	Common Stock	Award	$0	+12,000	+171429%	$0.000000	12,007	22 Apr 2021	Direct	F1
holding	PVBC	Common Stock						577	22 Apr 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	+30,000		$0.000000	30,000	22 Apr 2021	Common Stock	30,000	$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.