Gregory Sousa - Dec 19, 2022 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role: EVP and CCBO
Signature: /s/ Jennifer Staub, pursuant to power of attorney
Stock symbol: OBT
Transactions as of: Dec 19, 2022
Transactions value $: $0
Form type: 4
Date filed: 12/21/2022, 10:44 AM
Previous filing: Nov 9, 2022
Next filing: Feb 17, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	OBT	Common Stock						3.92K	Dec 19, 2022	Direct	F1, F2, F3, F4
holding	OBT	Common Stock						802	Dec 19, 2022	By 401(k)	F5

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	OBT	Phantom Stock	Award	$0	+617		$0.00	617	Dec 19, 2022	Common Stock	617		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 on February 21, 2021, February 15, 2022 and February 15, 2023.
F2	Includes shares of restricted stock which vest at a rate of 1/3 per year commencing on February 15, 2022.
F3	Includes restricted stock units which vest at a rate of 1/3 per year commencing on September 21, 2022.
F4	Includes restricted stock units which vest at a rate of 1/3 per year commencing on February 15, 2023.
F5	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F6	Represents deemed investments in connection with the Performance-Based SERP. Phantom stock interests under the Performance-Based SERP may be settled in shares of Company stock upon distribution to the reporting person, based on their prior election.