Reininga Daniel P 4
4 · LAKE SHORE BANCORP, INC. · Filed Aug 15, 2019
Insider Transaction Report
Form 4
Reininga Daniel P
Director
Transactions
- Sale
Common Stock
2019-08-13$14.70/sh−1,217$17,890→ 34,090 total
Holdings
- 17,000(indirect: By Trust)
Common Stock
- 6,000(indirect: By GH Graf Realty Corp.)
Common Stock
- 900(indirect: By Spouse)
Common Stock
- 3,993(indirect: By ESOP)
Common Stock
- 0(indirect: By Children)
Common Stock
- 30,800
Stock Options
Exercise: $14.38Exp: 2026-10-21→ Common Stock (30,800 underlying) - 17,773
Stock Options
Exercise: $7.88Exp: 2020-01-26→ Common Stock (17,773 underlying)
Footnotes (4)
- [F1]These shares were acquired pursuant to an Employee Stock Ownership Plan allocation.
- [F2]2,600 shares are being removed from Mr. Reininga beneficial ownership. The shares were originally reported as being held indirectly by Mr. Reininga on behalf of his minor children. The removal is due to children's current age and adult status; resulting in Mr. Reininga no longer holding a beneficial ownership of these shares as originally reported.
- [F3]Stock options vest at a rate of 20% per year commencing on October 21, 2017.
- [F4]Options are fully vested.