4//SEC Filing
Werdein Jeffrey M. 4
Accession 0000950170-25-058789
CIK 0001341318other
Filed
Apr 24, 8:00 PM ET
Accepted
Apr 25, 4:34 PM ET
Size
7.4 KB
Accession
0000950170-25-058789
Insider Transaction Report
Form 4
Werdein Jeffrey M.
EVP-Commercial Division
Transactions
- Tax Payment
Common Stock
2025-04-23$14.46/sh−223$3,225→ 23,545 total
Holdings
- 17,073
Stock Option (Right to Buy)
Exercise: $14.38Exp: 2026-10-21→ Common Stock (17,073 underlying) - 4,787(indirect: By ESOP)
Common Stock
Footnotes (5)
- [F1]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 $14.46 per share.
- [F2]Includes 3,014 shares of restricted stock that vest at a rate of 25% per year commencing on March 12, 2026.
- [F3]Includes 1,901 remaining shares of restricted stock that were granted on April 23, 2024 and vest in four equal annual installments beginning on the first anniversary of the grant. 633 shares vested on April 23, 2025.
- [F4]These shares were acquired pursuant to an Employee Stock Ownership Plan Allocation.
- [F5]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
- Apr 24, 8:00 PM ET
- Accepted
- Apr 25, 4:34 PM ET
- Size
- 7.4 KB