Reininga Daniel P 4
4 · LAKE SHORE BANCORP, INC. · Filed Mar 1, 2023
Insider Transaction Report
Form 4
Reininga Daniel P
Director
Transactions
- Tax Payment
Common Stock
2023-02-27$11.63/sh−1,737$20,201→ 53,260 total - Award
Common Stock
2023-02-27+4,202→ 54,997 total
Holdings
- 5,818(indirect: By ESOP)
Common Stock
- 17,000(indirect: By Trust)
Common Stock
- 900(indirect: By Spouse)
Common Stock
- 6,000(indirect: By GH Graf Realty Corp.)
Common Stock
- 30,800
Stock Options (Right to Buy)
Exercise: $14.38Exp: 2026-10-21→ Common Stock (30,800 underlying)
Footnotes (3)
- [F1]On February 26, 2020, the reporting person was granted 4,202 shares of restricted stock which vest on February 27, 2023, subject to satisfaction of certain performance criteria. The performance criteria were met, resulting in the vesting of 4,202 shares of restricted stock.
- [F2]These shares were acquired pursuant to an Employee Stock Ownership Plan allocation.
- [F3]Options are fully vested.