DAVID J. NASCA - 16 Mar 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
Issuer symbol
EVBN
Transactions as of
16 Mar 2022
Net transactions value
-$61,073
Form type
4
Filing time
17 Mar 2022, 13:40:32 UTC
Previous filing
17 Mar 2022
Next filing
09 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBN Common Stock Options Exercise $120,668 +7,785 +9.1% $15.50 93,399 16 Mar 2022 Direct
transaction EVBN Common Stock Tax liability $120,706 -3,099 -3.3% $38.95 90,300 16 Mar 2022 Direct
transaction EVBN Common Stock Options Exercise $40,222 +2,595 +2.9% $15.50 92,895 16 Mar 2022 Direct
transaction EVBN Common Stock Sale $101,257 -2,595 -2.8% $39.02 90,300 16 Mar 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 -7,785 -100% $0.000000* 0 16 Mar 2022 Common Stock 7,785 $15.50 Direct
transaction EVBN Option (right to buy) Options Exercise $0 -2,595 -100% $0.000000* 0 16 Mar 2022 Common Stock 2,595 $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.