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Provident Bancorp, Inc. /MD/·4

Dec 21, 2:17 PM ET

Mansfield David P 4

4 · Provident Bancorp, Inc. /MD/ · Filed Dec 21, 2020

Insider Transaction Report

Form 4
Period: 2020-12-17
Provident Bancorp, Inc. /MD/PVBC
Mansfield David P
DirectorPresident and CEO
Transactions
  • Award

    Common Stock

    [F2][F1]
    2020-12-17+81,700→ 140,107 total
  • Award

    Common Stock

    [F3][F1]
    2020-12-17+20,424→ 160,531 total
  • Award

    Stock Options

    [F4]
    2020-12-17+204,250→ 204,250 total
    Exercise: $11.93From: 2021-12-17Exp: 2030-12-17→ Common Stock (204,250 underlying)
  • Award

    Stock Options

    [F5]
    2020-12-17+51,060→ 51,060 total
    Exercise: $11.93From: 2021-12-17Exp: 2030-12-17→ Common Stock (51,060 underlying)
Holdings

  • Common Stock

    (indirect: By IRA)
    8,600

  • Common Stock

    [F7]
    (indirect: By ESOP)
    9,543

  • Common Stock

    (indirect: By Spouse)
    16,638

  • Common Stock

    (indirect: By 401(k))
    83,942

  • Stock Options

    [F6]
    Exercise: $8.61From: 2017-11-17Exp: 2026-11-17→ Common Stock (225,565 underlying)
    225,565
Footnotes (7)
  • [F1]Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 17, 2017.
  • [F2]Shares of restricted stock vest at a rate of 20% per year commencing on December 17, 2021.
  • [F3]Shares of restricted stock vest at a rate of 33% per year commencing on December 17, 2021.
  • [F4]Stock option vest at a rate of 20% per year commencing on December 17, 2021
  • [F5]Stock option vest at a rate of 33% per year commencing on December 17, 2021.
  • [F6]Stock option vest at a rate of 20% per year commencing on November 17, 2017.
  • [F7]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
Signature
/s/ Carol Houle, pursuant to power of attorney|2020-12-18

Documents

1 file
  • 4
    doc1.xmlPrimary

    FORM 4