Aaron Whitehouse - Mar 15, 2023 Form 4 Insider Report for EVANS BANCORP INC (EVBN)

Role
President, The Evans Agency
Signature
/s/Jessica L. Brosius, Attorney in Fact for Aaron Whitehouse
Stock symbol
EVBN
Transactions as of
Mar 15, 2023
Transactions value $
$4,111
Form type
4
Date filed
3/16/2023, 03:45 PM
Previous filing
Feb 14, 2023
Next filing
Mar 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBN Common Stock Options Exercise $6.17K +178 +2.19% $34.67 8.29K Mar 15, 2023 Direct
transaction EVBN Common Stock Tax liability -$2.06K -60 -0.72% $34.33 8.23K Mar 16, 2023 Direct

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 Restricted Stock Unit Options Exercise $0 -178 -33.21% $0.00 358 Mar 15, 2023 Common Stock 178 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 On March 15, 2022, the reporting person was granted 536 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F3 No expiration date for this type of award