David P. Mansfield - 05 Oct 2021 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
President and CEO, Director
Signature
/s/ Ned A. Quint, pursuant to power of attorney
Issuer symbol
PVBC
Transactions as of
05 Oct 2021
Net transactions value
$0
Form type
4
Filing time
03 Mar 2022, 11:13:12 UTC
Next filing
18 Nov 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Gift $0 -1,700 -10% $0.000000 14,938 05 Oct 2021 By Spouse
transaction PVBC Common Stock Gift $0 -1,440 -1% $0.000000 142,309 06 Jan 2022 Direct F1, F2
transaction PVBC Common Stock Gift $0 -720 -0.51% $0.000000 141,589 07 Jan 2022 Direct F1, F2
transaction PVBC Common Stock Gift $0 -1,950 -13% $0.000000 12,988 11 Jan 2022 By Spouse
transaction PVBC Common Stock Gift $0 -51,507 -36% $0.000000 90,082 02 Feb 2022 Direct F1, F2
transaction PVBC Common Stock Gift $0 +4,289 $0.000000 4,289 02 Feb 2022 By Trust
transaction PVBC Common Stock Gift $0 +47,218 $0.000000 47,218 02 Feb 2022 By Spouse's Trust
transaction PVBC Common Stock Gift $0 -10,294 -11% $0.000000 79,788 07 Feb 2022 Direct F1, F2
transaction PVBC Common Stock Gift $0 +10,294 +240% $0.000000 14,583 07 Feb 2022 By Trust
transaction PVBC Common Stock Gift $0 -4,289 -29% $0.000000 10,294 07 Feb 2022 By Trust
transaction PVBC Common Stock Gift $0 +4,289 +9.1% $0.000000 51,507 07 Feb 2022 By Spouse's Trust
holding PVBC Common Stock 8,600 05 Oct 2021 By IRA
holding PVBC Common Stock 9,543 05 Oct 2021 By ESOP F5
holding PVBC Common Stock 93,524 05 Oct 2021 By 401(k)

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 PVBC Stock Options 204,250 05 Oct 2021 Common Stock 204,250 $11.93 Direct F3
holding PVBC Stock Options 51,060 05 Oct 2021 Common Stock 51,060 $11.93 Direct F4
holding PVBC Stock Options 225,565 05 Oct 2021 Common Stock 225,565 $8.61 Direct
* 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 December 17, 2021.
F2 Includes shares of restricted stock which vest at a rate of 33% per year commencing on December 17, 2021.
F3 Stock option vest at a rate of 20% per year commencing on December 17, 2021.
F4 Stock option vest at a rate of 33% per year commencing on December 17, 2021.
F5 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.