Samuel Laing Hinson III - Apr 21, 2023 Form 3 Insider Report for Burke & Herbert Financial Services Corp. (BHRB)

Role
Director
Signature
/s/ Kirtan Parikh, as Attorney-in-Fact for Samuel L. Hinson
Stock symbol
BHRB
Transactions as of
Apr 21, 2023
Transactions value $
$0
Form type
3
Date filed
4/21/2023, 08:13 PM
Next filing
Jun 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BHRB Common Stock 19.6K Apr 21, 2023 Direct
holding BHRB Common Stock 31K Apr 21, 2023 Held by S.L. Hinson Associates, LLLP, an affiliated company
holding BHRB Common Stock 24.8K Apr 21, 2023 Held by Kedge Capital, LLC, an affiliated company

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 3K Direct F1, F2
holding BHRB Performance-Based Restricted Stock Units Apr 21, 2023 Common Stock 3K Direct F2, F3
holding BHRB Performance-Based Restricted Stock Units Apr 21, 2023 Common Stock 1K Direct F2, F4
* 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 Assuming continued service and the satisfaction of performance conditions, this award will vest no sooner than December 31, 2024 and no later than December 31, 2026.
F4 Assuming continued service and the satisfaction of performance conditions, this award will vest no sooner than January 19, 2026 and no later than January 19, 2028.