Kendrick C. Smith - Apr 21, 2023 Form 3 Insider Report for Burke & Herbert Financial Services Corp. (BHRB)

Role
EVP, Operations
Signature
/s/ Kirtan Parikh, as Attorney-in-Fact for Kendrick C. Smith
Stock symbol
BHRB
Transactions as of
Apr 21, 2023
Transactions value $
$0
Form type
3
Date filed
4/21/2023, 08:11 PM
Next filing
Jan 23, 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
holding BHRB Restricted Stock Units Apr 21, 2023 Common Stock 400 Direct F1, F2
holding BHRB Restricted Stock Units Apr 21, 2023 Common Stock 346 Direct F1, F2
holding BHRB Phantom Stock Apr 21, 2023 Common Stock 2.59K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Assuming continued service this award will vest on the expiration date.
F2 Each unit represents a contingent right to receive one common share or an equivalent amount of cash, or a combination of the two, at the discretion of Burke & Herbert Financial Services Corp.
F3 Each share of phantom stock is the economic equivalent of one share of common stock. The shares of phantom stock become payable, in cash, upon the reporting person's termination of service.