NASCA DAVID J 4
4 · EVANS BANCORP INC · Filed Apr 23, 2025
Insider Transaction Report
Form 4
NASCA DAVID J
DirectorPresident and CEO
Transactions
- Exercise/Conversion
Common Stock
2025-04-21$35.94/sh+7,470$268,472→ 120,520.76 total - Exercise/Conversion
Common Stock
2025-04-21$35.94/sh+5,440$195,514→ 113,050.76 total - Tax Payment
Common Stock
2025-04-23$38.10/sh−4,999$190,473→ 115,521.76 total - Exercise/Conversion
Restricted Stock Units
2025-04-21$35.94/sh−7,470$268,472→ 7,470 total→ Common Stock (7,470 underlying) - Exercise/Conversion
Performance Stock Unit
2025-04-21$35.94/sh−5,440$195,514→ 5,440 total→ Common Stock (5,440 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]The reporting person was granted 12,401 restricted stock units. The 7,470 shares in this event have been accelerated and will be the final vesting for this grant type.
- [F3]No expiration date for this type of award
- [F4]The reporting person was granted 5,440 performance stock units subject to a three-year cliff vesting schedule and subject to the satisfaction of certain performance criteria. The vest period was accelerated and the shares vested at 100% of target, resulting in the vesting of 5,440 shares of restricted stock, and were transferred to the executive on 4/21/2025.