Edward J. Lipkus III - Jun 1, 2022 Form 4 Insider Report for Sunnyside Bancorp, Inc. (SNNY)

Signature
/s/ Steven T. Lanter, pursuant to power of attorney
Stock symbol
SNNY
Transactions as of
Jun 1, 2022
Transactions value $
$0
Form type
4
Date filed
6/2/2022, 03:02 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SNNY Common Stock Disposed to Issuer -1.25K -100% 0 Jun 1, 2022 Direct F1
transaction SNNY Common Stock Disposed to Issuer -2.48K -100% 0 Jun 1, 2022 By ESOP F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of Issuer common stock was converted into and became exchangeable for the right to receive $20.25 in cash pursuant to an Agreement and Plan of Merger with Rhodium BA Holdings LLC ("Rhodium"), Rhodium BA Merger Sub, Inc., a newly formed subsidiary of Rhodium, and Mark Silber.