Michael J. Gilfeather - 18 Feb 2022 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role
President and CEO, Director
Signature
/s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol
OBT
Transactions as of
18 Feb 2022
Transactions value $
$0
Form type
4
Filing time
22 Feb 2022, 10:03:52
Previous filing
17 Feb 2022
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBT Common Stock Award $0 -3.22K -9.66% $0.00 30.1K 18 Feb 2022 Direct F1, F2, F3, F4, F5
holding OBT Common Stock 7.4K 18 Feb 2022 By IRA

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 OBT Phantom Stock 3.54K 18 Feb 2022 Common Stock 3.54K Direct F6
* 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 1/3 per year commencing on February 15, 2020.
F2 Includes shares of restricted stock which vest at a rate of 1/3 per year on February 21, 2021, February 15, 2022 and February 15, 2023.
F3 Includes shares of restricted stock which vest at a rate of 1/3 per year commencing on February 15, 2022.
F4 Includes restricted stock units which vest at a rate of 1/3 per year commencing on September 21, 2022.
F5 Restricted stock units which vest at a rate of 1/3 per year commencing on February 15, 2023.
F6 Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as an executive and the reporting person reaches the age of 65.