Philip E. Fague - Feb 10, 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
Executive Vice President
Signature
/s/ Philip Fague
Stock symbol
ORRF
Transactions as of
Feb 10, 2023
Transactions value $
-$96,629
Form type
4
Date filed
2/14/2023, 04:00 PM
Previous filing
Feb 18, 2022
Next filing
Aug 18, 2023

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 +2.63K +32.42% $0.00 10.7K Feb 10, 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +2.62K +62.4% $0.00 6.83K Feb 10, 2023 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability -$6.74K -280 -4.39% $24.07 6.09K Feb 11, 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc, Common Stock Sale -$89.9K -3.89K -10.6% $23.09 32.8K Feb 13, 2023 Direct F3
* 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.
F3 Includes 27,929 shares owned jointly with the reporting persons spouse