Werdein Jeffrey M. 4
4 · LAKE SHORE BANCORP, INC. · Filed Oct 23, 2019
Insider Transaction Report
Form 4
Werdein Jeffrey M.
EVP-Commercial Division
Transactions
- Tax Payment
Common Stock
2019-10-21$14.91/sh−465$6,933→ 12,467 total
Holdings
- 17,073
Stock Options (Right to Buy)
Exercise: $14.38Exp: 2026-10-21→ Common Stock (17,073 underlying) - 1,871(indirect: By ESOP)
Common Stock
Footnotes (3)
- [F1]Includes 2,760 shares of restricted stock which will vest in two equal installments, with first installment on October 21, 2020.
- [F2]These shares were acquired pursuant to an Employee Stock Ownership Plan allocation.
- [F3]Stock options vest at a rate of 20% per year commencing on October 21, 2017.