4//SEC Filing
Sanders Keith 4
Accession 0001014100-22-000012
CIK 0000763907other
Filed
Mar 9, 7:00 PM ET
Accepted
Mar 10, 10:28 AM ET
Size
7.2 KB
Accession
0001014100-22-000012
Insider Transaction Report
Form 4
Sanders Keith
Senior Trust Officer
Transactions
- Tax Payment
Common Stock
2022-03-09$21.88/sh−885$19,364→ 12,201.82 total - Award
Common Stock
2022-03-09+775→ 13,086.82 total
Footnotes (3)
- [F1]The shares were issued pursuant to performance-vesting restricted stock units ("RSUs") that were granted on March 26, 2020 and vested at the maximum award level on March 9, 2022. The RSUs were previously reported in a Form 4 filed on March 30, 2020 (the "Prior Form 4"). The amount reported in Table I of the Prior Form 4 reflected the shares that could be issued under the RSUs at the target award level. The amount reported in this Form 4 represents the difference between the shares earned by the reporting person at the maximum award level (as disclosed in footnote 2 to the Prior Form 4) and the target shares that were reported in Table I of the Prior Form 4.
- [F2]The amount includes 88.0795 previously unreported shares acquired with reinvested cash dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan for which the reporting person does not have acquisition information.
- [F3]The shares were surrendered to the issuer in satisfaction of the tax withholding obligations associated with the vesting of the RSUs as permitted by the related award agreement and approved by the issuer's Compensation Committee.
Documents
Issuer
FIRST UNITED CORP/MD/
CIK 0000763907
Entity typeother
Related Parties
1- filerCIK 0001538055
Filing Metadata
- Form type
- 4
- Filed
- Mar 9, 7:00 PM ET
- Accepted
- Mar 10, 10:28 AM ET
- Size
- 7.2 KB