Werdein Jeffrey M. 4
4 · LAKE SHORE BANCORP, INC. · Filed Mar 4, 2024
Insider Transaction Report
Form 4
Werdein Jeffrey M.
EVP-Commercial Division
Transactions
- Tax Payment
Common Stock
2024-02-29$11.62/sh−846$9,831→ 16,402 total - Award
Common Stock
2024-02-29+2,042→ 17,248 total
Holdings
- 3,696(indirect: By ESOP)
Common Stock
- 17,073
Stock Option (Right to Buy)
Exercise: $14.38Exp: 2026-10-21→ Common Stock (17,073 underlying)
Footnotes (3)
- [F1]On February 28, 2021, the reporting person was granted 2,042 shares of restricted stock wheich vest on February 29, 2024, subject to satisfaction of certain performance criteria. The performance criteria were met, resulting in the vesting of 2,042 shares of restricted stock.
- [F2]These shares were acquired pursuant to an Employee Stock Ownership Plan allocation.
- [F3]Options are fully vested.