Joseph Mancini - 22 Apr 2022 Form 4 Insider Report for Provident Bancorp, Inc. /MD/ (PVBC)

Role: Chief Operating Officer
Signature: /s/ Carol Houle, pursuant to Power of Attorney
Issuer symbol: PVBC
Transactions as of: 22 Apr 2022
Net transactions value: -$11,210
Form type: 4
Filing time: 06 Feb 2023, 15:11:54 UTC
Previous filing: 13 Aug 2021
Next filing: 07 Feb 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	$11,210	-720	-6%	$15.57	11,287	22 Apr 2022	Direct	F1
holding	PVBC	Common Stock						2,019	22 Apr 2022	By ESOP
holding	PVBC	Common Stock						1,915	22 Apr 2022	By 401(k)

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						30,000	22 Apr 2022	Common Stock	30,000	$15.00	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 April 22, 2022.
F2	Stock option vest at a rate of 20% per year commencing on April 22, 2022.