Kevin M. Sanvidge - 16 Aug 2021 Form 4 Insider Report for LAKE SHORE BANCORP, INC. (LSBK)

Role: Director
Signature: /s/ Rachel A. Foley, pursuant to power of attorney
Issuer symbol: LSBK
Transactions as of: 16 Aug 2021
Net transactions value: +$3,278
Form type: 4
Filing time: 19 Aug 2021, 12:51:50 UTC
Next filing: 13 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LSBK	Common Stock	Small acquisition under Rule 16a-6	$3,278	+220	+86%	$14.90	475	16 Aug 2021	As Custodian for Grandchildren
holding	LSBK	Common Stock						10,968	16 Aug 2021	Direct	F1

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	LSBK	Employee Stock Option (Right to Buy)						10,749	16 Aug 2021	Common Stock	10,749	$14.38	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes 865 shares of restricted stock that vest on December 10, 2021.
F2	Stock options vest at a rate of 20% per year commencing on October 21, 2017.