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

Role
Director
Signature
/s/ Gregory Gaughan, By Power of Attorney
Stock symbol
MRBK
Transactions as of
Mar 15, 2023
Transactions value $
$81,555
Form type
4
Date filed
3/17/2023, 12:00 PM
Previous filing
Sep 15, 2022
Next filing
May 9, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MRBK COMMON STOCK Purchase $81.6K +3K +3% $27.19 103K Mar 15, 2023 Direct
transaction MRBK COMMON STOCK Options Exercise $2.09K +100 +0.1% $20.89 103K Mar 15, 2023 Direct
transaction MRBK COMMON STOCK Options Exercise $2.7K +150 +0.15% $18.00 103K Mar 15, 2023 Direct
transaction MRBK COMMON STOCK Options Exercise $1.01K +75 +0.07% $13.48 103K Mar 15, 2023 Direct
transaction MRBK COMMON STOCK Options Exercise $1.83K +75 +0.07% $24.44 103K Mar 15, 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 -$2.09K -100 -100% $20.89 0 Mar 15, 2023 COMMON STOCK 100 $20.89 Direct
transaction MRBK Stock Options Options Exercise -$2.7K -150 -75% $18.00 50 Mar 15, 2023 COMMON STOCK 150 $18.00 Direct F1
transaction MRBK Stock Options Options Exercise -$1.01K -75 -75% $13.48 25 Mar 15, 2023 COMMON STOCK 75 $13.48 Direct
transaction MRBK Stock Options Options Exercise -$1.83K -75 -75% $24.44 25 Mar 15, 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.