4//SEC Filing
Werdein Jeffrey M. 4
Accession 0000950170-25-030998
CIK 0001341318other
Filed
Mar 2, 7:00 PM ET
Accepted
Mar 3, 5:01 PM ET
Size
8.6 KB
Accession
0000950170-25-030998
Insider Transaction Report
Form 4
Werdein Jeffrey M.
EVP-Commercial Division
Transactions
- Tax Payment
Common Stock
2025-02-28$16.17/sh−1,282$20,730→ 20,754 total - Award
Common Stock
2025-02-28+3,100→ 22,036 total
Holdings
- 17,073
Stock Option (Right to Buy)
Exercise: $14.38Exp: 2026-10-21→ Common Stock (17,073 underlying) - 4,305(indirect: By ESOP)
Common Stock
Footnotes (4)
- [F1]In Q1 2022, the reporting person was granted 3,100 shares of restricted stock which vest on February 28, 2025, subject to the satisfaction of certain performance criteria. The performance criteria were met, resulting in the vesting of 3,100 shares of restricted stock.
- [F2]These shares were acquired pursuant to an Employee Stock Ownership Plan allocation.
- [F3]The reporting person elected to pay for a tax liability by withholding securities incident to the vesting of a security (restricted stock) based on a market price of $16.17 per share.
- [F4]Options are fully vested.
Documents
Issuer
LAKE SHORE BANCORP, INC.
CIK 0001341318
Entity typeother
Related Parties
1- filerCIK 0001616460
Filing Metadata
- Form type
- 4
- Filed
- Mar 2, 7:00 PM ET
- Accepted
- Mar 3, 5:01 PM ET
- Size
- 8.6 KB