Christopher D. Holt - Feb 15, 2024 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Signature
/s/ Casara I Kieffer as P.O.A.
Stock symbol
ORRF
Transactions as of
Feb 15, 2024
Transactions value $
-$62,021
Form type
4
Date filed
2/20/2024, 04:33 PM
Previous filing
Mar 9, 2023
Next filing
Jul 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability -$20.9K -783 -11.11% $26.75 6.26K Feb 15, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Tax liability -$20.9K -782 -9.56% $26.75 7.4K Feb 15, 2024 Direct F2
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Tax liability -$20.2K -729 -16.11% $27.65 3.8K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc. Common, Restricted Stock Award $0 +4.04K +106.51% $0.00 7.84K Feb 16, 2024 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +4.04K +54.66% $0.00 11.4K Feb 16, 2024 Direct F2
holding ORRF Orrstown Financial Services, Inc, Common Stock 12.4K Feb 15, 2024 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 1,000 shares owned by the reporting persons spouse