David J. Nasca - Mar 16, 2022 Form 4 Insider Report for EVANS BANCORP INC (EVBN)

Role
President and CEO, Director
Signature
/s/ Jacob L. Barnett, Attorney in Fact for David J. Nasca
Stock symbol
EVBN
Transactions as of
Mar 16, 2022
Transactions value $
-$61,073
Form type
4
Date filed
3/17/2022, 01:40 PM
Previous filing
Mar 17, 2022
Next filing
Feb 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBN Common Stock Options Exercise $121K +7.79K +9.09% $15.50 93.4K Mar 16, 2022 Direct
transaction EVBN Common Stock Tax liability -$121K -3.1K -3.32% $38.95 90.3K Mar 16, 2022 Direct
transaction EVBN Common Stock Options Exercise $40.2K +2.6K +2.87% $15.50 92.9K Mar 16, 2022 Direct
transaction EVBN Common Stock Sale -$101K -2.6K -2.79% $39.02 90.3K Mar 16, 2022 Direct F1

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 EVBN Option (right to buy) Options Exercise $0 -7.79K -100% $0.00* 0 Mar 16, 2022 Common Stock 7.79K $15.50 Direct
transaction EVBN Option (right to buy) Options Exercise $0 -2.6K -100% $0.00* 0 Mar 16, 2022 Common Stock 2.6K $15.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The 2,595 shares were sold at an average price of $39.0244. The breakdown of this transaction is as follows: 200 shares at $38.95, 100 shares at $38.99, 497 shares at $39.00, 600 shares at $39.01, 527 shares at $39.02, 200 shares at $39.03, 361 shares at $39.10, 100 shares at $39.15, 1 share at $39.35, 9 shares at $39.50.