Neelesh Kalani - Mar 3, 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Role
Chief Financial Officer
Signature
/s/ Neelesh Kalani
Stock symbol
ORRF
Transactions as of
Mar 3, 2023
Transactions value $
$23,260
Form type
4
Date filed
3/7/2023, 03:16 PM
Previous filing
Feb 14, 2023
Next filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc, Common Stock Purchase $23.3K +1K +105.26% $23.26 1.95K Mar 3, 2023 Direct
holding ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. 6.57K Mar 3, 2023 Direct F1
holding ORRF Orrstown Financial Services, Inc. Common, Restricted Stock 12.3K Mar 3, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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