Werdein Jeffrey M. 4
4 · LAKE SHORE BANCORP, INC. · Filed Oct 25, 2018
Insider Transaction Report
Form 4
Werdein Jeffrey M.
EVP-Commercial Division
Transactions
- Sale
Common Stock
2018-10-23$15.65/sh−471$7,371→ 11,413 total
Holdings
- 1,431(indirect: By ESOP)
Common Stock
- 17,073
Stock Option (Right to Buy)
Exercise: $14.38Exp: 2026-10-21→ Common Stock (17,073 underlying)
Footnotes (4)
- [F1]Includes 1,000 shares of restricted stock which will vest on August 12, 2019.
- [F2]Includes 4,140 shares of restricted stock which will vest in three equal installments, with first installment on October 21, 2019.
- [F3]These shares were acquired pursuant to an Employee Stock Ownership Plan allocation.
- [F4]Stock options vest at a rate of 20% per year commencing on October 21, 2017.