Carol L. Houle - 17 Dec 2022 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role
EVP and CFO
Signature
/s/ Carol Houle
Issuer symbol
PVBC
Transactions as of
17 Dec 2022
Net transactions value
-$14,804
Form type
4
Filing time
20 Dec 2022, 12:52:14 UTC
Previous filing
20 Dec 2021
Next filing
03 Aug 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PVBC Common Stock Tax liability $14,804 -2,042 -3% $7.25 66,676 17 Dec 2022 Direct F1
holding PVBC Common Stock 79,655 17 Dec 2022 By 401(k) F3
holding PVBC Common Stock 11,384 17 Dec 2022 By ESOP F3

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 99,738 17 Dec 2022 Common Stock 99,738 $8.61 Direct
holding PVBC Stock Options 102,125 17 Dec 2022 Common Stock 102,125 $11.93 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 December 17, 2021.
F2 Stock option vest at a rate of 20% per year commencing on December 17, 2021.
F3 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.