Mohammad Shaikh - Jan 27, 2022 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
Director
Signature
/s/ Edward Quint, pursuant to Power of Attorney
Stock symbol
PVBC
Transactions as of
Jan 27, 2022
Transactions value $
$0
Form type
4
Date filed
1/31/2022, 05:01 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Award $0 +10.2K +1059.13% $0.00 11.2K Jan 27, 2022 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
transaction PVBC Stock Options Award $0 +25.5K $0.00 25.5K Jan 27, 2022 Common Stock 25.5K $17.41 Direct F2
* 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 January 27, 2023.
F2 Stock options vest at a rate of 20% per year commencing on January 27, 2023.