Will Joseph Ziegler - Feb 10, 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
EVP, Chief Credit Officer
Signature
/s/ William J. Ziegler
Stock symbol
ORRF
Transactions as of
Feb 10, 2023
Transactions value $
$0
Form type
4
Date filed
2/14/2023, 03:57 PM
Previous filing
Apr 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +2.81K +28.06% $0.00 12.8K Feb 10, 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +2.81K $0.00 2.81K Feb 10, 2023 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 166 Feb 10, 2023 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-vested restricted stock with various vesting dates over the next three years
F2 Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.