Christopher J. Annas - 01 Nov 2023 Form 4 Insider Report for Meridian Corp (MRBK)

Signature
/s/ Gregory Gaughan, By Power of Attorney
Issuer symbol
MRBK
Transactions as of
01 Nov 2023
Net transactions value
$0
Form type
4
Filing time
08 Nov 2023, 15:49:18 UTC
Previous filing
16 May 2023
Next filing
23 Feb 2024

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 EMPLOYEE STOCK OPTION Award $0 +20,000 $0.000000 20,000 01 Nov 2023 COMMON STOCK 20,000 $10.00 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.