Gregory F. Holcombe - 03 Jan 2023 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role
Director
Signature
/s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol
OBT
Transactions as of
03 Jan 2023
Net transactions value
+$19,864
Form type
4
Filing time
04 Jan 2023, 13:49:09 UTC
Previous filing
16 Dec 2022
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBT Common Stock Gift $0 +724 +2.2% $0.000000 33,979 03 Jan 2022 Direct F1
transaction OBT Common Stock Gift $0 -1,448 -19% $0.000000 6,027 03 Jan 2022 By Trust
holding OBT Common Stock 7,460 03 Jan 2023 By Foundation
holding OBT Common Stock 34,720 03 Jan 2023 By LLC

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 $19,864 +424 +9.7% $46.85 4,804 03 Jan 2023 Common Stock 424 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units which vest 100% as of the date of grant and are settled in shares of Issuer common stock upon separation from service of the reporting person.
F2 Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as a director.