Laurie H. Knapp - 02 Sep 2021 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
Director
Signature
/s/ Carol L. Houle, pursuant to power of attorney
Issuer symbol
PVBC
Transactions as of
02 Sep 2021
Net transactions value
+$13,856
Form type
4
Filing time
07 Sep 2021, 17:40:58 UTC
Next filing
25 Aug 2022
SEC
View on sec.gov

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 35,428 27 Aug 2021 Direct F1, F2
transaction PVBC Common Stock Small acquisition under Rule 16a-6 $16.55 +1 +0.01% $16.55 7,173 27 Aug 2021 By Spouse
transaction PVBC Common Stock Small acquisition under Rule 16a-6 $16.55 +1 +0.01% $16.55 7,448 27 Aug 2021 By IRA
transaction PVBC Common Stock Options Exercise $12,913 +1,500 +4.2% $8.61 36,928 02 Sep 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 -1,500 -6.1% $0.000000 23,108 02 Sep 2021 Common Stock 1,500 $8.61 Direct F4
holding PVBC Stock Options 25,500 02 Sep 2021 Common Stock 25,500 $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.