Robert G. Miller Jr. - 14 Dec 2023 Form 4 Insider Report for EVANS BANCORP INC (EVBN)

Role
Director
Signature
/s/Jessica L. Brosius, Attorney in Fact for Robert G. Miller, Jr.
Issuer symbol
EVBN
Transactions as of
14 Dec 2023
Net transactions value
-$19,914
Form type
4
Filing time
18 Dec 2023, 09:59:20 UTC
Previous filing
16 Mar 2023
Next filing
25 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBN Common Stock Options Exercise $49,001 +2,137 +3.6% $22.93 61,651 14 Dec 2023 Direct
transaction EVBN Common Stock Sale $64,151 -2,137 -3.5% $30.02 59,514 14 Dec 2023 Direct
transaction EVBN Common Stock Options Exercise $15,432 +673 +1.1% $22.93 60,187 15 Dec 2023 Direct
transaction EVBN Common Stock Sale $20,197 -673 -1.1% $30.01 59,514 15 Dec 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 Option (right to buy) Options Exercise $0 -2,137 -76% $0.000000 673 14 Dec 2023 Common Stock 2,137 $22.93 Direct F1
transaction EVBN Option (right to buy) Options Exercise $0 -673 -100% $0.000000* 0 15 Dec 2023 Common Stock 673 $22.93 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Options shall be exercisable according to the following schedule, 25% of the shares of Common Stock subject to the Stock Option will vest on each of the first four anniversaries of the date of grant.