Laurie H. Knapp - Sep 2, 2021 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
Director
Signature
/s/ Carol L. Houle, pursuant to power of attorney
Stock symbol
PVBC
Transactions as of
Sep 2, 2021
Transactions value $
$13,856
Form type
4
Date filed
9/7/2021, 05:40 PM
Next filing
Aug 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Small acquisition under Rule 16a-6 $910 +55 +0.16% $16.55 35.4K Aug 27, 2021 Direct F1, F2
transaction PVBC Common Stock Small acquisition under Rule 16a-6 $16.50 +1 +0.01% $16.55 7.17K Aug 27, 2021 By Spouse
transaction PVBC Common Stock Small acquisition under Rule 16a-6 $16.50 +1 +0.01% $16.55 7.45K Aug 27, 2021 By IRA
transaction PVBC Common Stock Options Exercise $12.9K +1.5K +4.23% $8.61 36.9K Sep 2, 2021 Direct F1, 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 PVBC Stock Options Options Exercise $0 -1.5K -6.1% $0.00 23.1K Sep 2, 2021 Common Stock 1.5K $8.61 Direct F4
holding PVBC Stock Options 25.5K Sep 2, 2021 Common Stock 25.5K $10.40 Direct F3
* 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 November 24, 2021.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 17, 2017.
F3 Stock option vest at a rate of 20% per year commencing on November 24, 2021.
F4 Stock option vest at a rate of 20% per year commencing on November 17, 2017.