Robert M. Casciato - 15 Mar 2023 Form 4 Insider Report for Meridian Corp (MRBK)

Role
Director
Signature
/s/ Gregory Gaughan, By Power of Attorney
Issuer symbol
MRBK
Transactions as of
15 Mar 2023
Net transactions value
+$81,555
Form type
4
Filing time
17 Mar 2023, 12:00:46 UTC
Previous filing
15 Sep 2022
Next filing
09 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRBK COMMON STOCK Purchase $81,555 +3,000 +3% $27.18 102,998 15 Mar 2023 Direct
transaction MRBK COMMON STOCK Options Exercise $2,089 +100 +0.1% $20.89 103,098 15 Mar 2023 Direct
transaction MRBK COMMON STOCK Options Exercise $2,700 +150 +0.15% $18.00 103,248 15 Mar 2023 Direct
transaction MRBK COMMON STOCK Options Exercise $1,011 +75 +0.07% $13.48 103,323 15 Mar 2023 Direct
transaction MRBK COMMON STOCK Options Exercise $1,833 +75 +0.07% $24.44 103,398 15 Mar 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 MRBK Stock Options Options Exercise $2,089 -100 -100% $20.89 0 15 Mar 2023 COMMON STOCK 100 $20.89 Direct
transaction MRBK Stock Options Options Exercise $2,700 -150 -75% $18.00 50 15 Mar 2023 COMMON STOCK 150 $18.00 Direct F1
transaction MRBK Stock Options Options Exercise $1,011 -75 -75% $13.48 25 15 Mar 2023 COMMON STOCK 75 $13.48 Direct
transaction MRBK Stock Options Options Exercise $1,833 -75 -75% $24.44 25 15 Mar 2023 COMMON STOCK 75 $24.44 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The options vest 25% at the date of each grant and then in three equal annual installments beginning on the 1 year anniversary of each grant.