GINDER E DENNIS 4
4 · CODORUS VALLEY BANCORP INC · Filed Mar 13, 2023
Insider Transaction Report
Form 4
GINDER E DENNIS
Other
Transactions
- Tax Payment
Common Stock
2023-03-09$24.18/sh−156$3,772→ 4,366.835 total - Award
Restricted Stock Units
2023-03-10+2,391→ 2,391 totalExercise: $0.00→ Common Stock (2,391 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of CVLY common stock
- [F2]50% of the restricted stock units (1195 units) are performance based restricted units with cliff vesting after the performance period end of 12/31/2025. 50% of the restricted stock units (1196 units) are time based restricted stock units which will vest ratably over a 3 year period.