John William Hobbs - Jun 21, 2021 Form 4 Insider Report for Oconee Federal Financial Corp. (OFED)

Role
EVP and CFO
Signature
/s/ Edward Quint, pursuant to Power of Attorney
Stock symbol
OFED
Transactions as of
Jun 21, 2021
Transactions value $
$0
Form type
4
Date filed
6/23/2021, 02:13 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFED Common Stock Award $0 +6K $0.00 6K Jun 21, 2021 Direct F1
holding OFED Common Stock 1.61K Jun 21, 2021 By ESOP F2

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 OFED Stock Options Award $0 +5K $0.00 5K Jun 21, 2021 Common Stock 5K $23.16 Direct F1, F3
holding OFED Stock Options 7K Jun 21, 2021 Common Stock 7K $29.33 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of restricted stock vest at a rate of 20% per year commencing on June 21, 2022.
F2 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F3 Stock Options vest at a rate of 20% per year commencing on June 21, 2022.
F4 Stock Options vest ratably for seven years commencing on December 22, 2018.