Mansfield David P 4

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

Form 4

Period: 2020-12-17

DirectorPresident and CEO

Transactions

Award
Stock Options
2020-12-17+51,060→ 51,060 total
Exercise: $11.93From: 2021-12-17Exp: 2030-12-17→ Common Stock (51,060 underlying)
Award
Common Stock
2020-12-17+81,700→ 140,107 total
Award
Stock Options
2020-12-17+204,250→ 204,250 total
Exercise: $11.93From: 2021-12-17Exp: 2030-12-17→ Common Stock (204,250 underlying)
Award
Common Stock
2020-12-17+20,424→ 160,531 total

Holdings

Common Stock
(indirect: By Spouse)
16,638
Common Stock
(indirect: By 401(k))
83,942
Common Stock
(indirect: By IRA)
8,600
Common Stock
(indirect: By ESOP)
9,543
Stock Options
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.

Documents

1 file