Gorman Louis O III 4
4 · Western New England Bancorp, Inc. · Filed Feb 19, 2019
Insider Transaction Report
Form 4
Gorman Louis O III
SVP & Chief Credit Officer
Transactions
- Award
Common Stock
[F1]2019-02-14$9.75/sh+1,941$18,925→ 12,374 total - Tax Payment
Common Stock
[F2]2019-02-14$9.75/sh−595$5,801→ 11,779 total
Holdings
- 22,195(indirect: By ESOP)
Common Stock
Footnotes (2)
- [F1]These shares were issued to the reporting person pursuant to the Western New England Bancorp 2016 Long-Term Incentive Plan, which provided for the award of shares of common stock of the Company based on the Company's performance over a designated three-year period.
- [F2]Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the award of common stock described in footnote 1.
Signature
/s/ Gerald P. Ciejka, Attorney-in-Fact|2019-02-19