Laurie H. Knapp - Aug 23, 2022 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
Director
Signature
/s/ Carol Houle, pursuant to power of attorney
Stock symbol
PVBC
Transactions as of
Aug 23, 2022
Transactions value $
$8,610
Form type
4
Date filed
8/25/2022, 12:32 PM
Previous filing
Sep 7, 2021
Next filing
Aug 1, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Options Exercise $8.61K +1K +2.7% $8.61 38K Aug 23, 2022 Direct F1
holding PVBC Common Stock 7.45K Aug 23, 2022 By IRA
holding PVBC Common Stock 7.23K Aug 23, 2022 By Spouse
holding PVBC Common Stock 302 Aug 23, 2022 By Son 1
holding PVBC Common Stock 151 Aug 23, 2022 Joint with Son 2
holding PVBC Common Stock 151 Aug 23, 2022 Joint with Son 3

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 -1K -4.33% $0.00 22.1K Aug 23, 2022 Common Stock 1K $8.61 Direct
holding PVBC Stock Options 25.5K Aug 23, 2022 Common Stock 25.5K $10.40 Direct F2
* 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 Stock option vest at a rate of 20% per year commencing on November 24, 2021.