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LAKE SHORE BANCORP, INC.·4

Dec 17, 3:57 PM ET

Reininga Daniel P 4

4 · LAKE SHORE BANCORP, INC. · Filed Dec 17, 2019

Insider Transaction Report

Form 4
Period: 2019-12-15
LAKE SHORE BANCORP, INC.LSBK
Reininga Daniel P
DirectorPresident and CEO
Transactions
  • Award

    Common Stock

    [F1]
    2019-12-15+5,610→ 47,700 total
  • Tax Payment

    Common Stock

    2019-12-15$15.22/sh−1,905$29,004→ 45,795 total
Holdings

  • Common Stock

    (indirect: By Trust)
    17,000

  • Common Stock

    (indirect: By GH Graf Realty Corp.)
    6,000

  • Common Stock

    (indirect: By Spouse)
    900

  • Common Stock

    [F2]
    (indirect: By ESOP)
    3,993

  • Stock Options (Right to Buy)

    [F3]
    Exercise: $14.38Exp: 2026-10-21→ Common Stock (30,800 underlying)
    30,800
Footnotes (3)
  • [F1]On February 8, 2017, the reporting person was granted 5,610 shares of restricted stock which vest on December 15, 2019, subject to satisfaction of certain performance criteria. The performance criteria were met, resulting in the vesting of 5,610 shares of restricted stock.
  • [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.
Signature
/s/ Rachel A. Foley, pursuant to Power of Attorney|2019-12-17

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4