Darlene M. Libiszewski - Feb 24, 2022 Form 4 Insider Report for Western New England Bancorp, Inc. (WNEB)

Role
SVP, Chief Information Officer
Signature
/s/ John E. Bonini, Attorney-in-Fact
Stock symbol
WNEB
Transactions as of
Feb 24, 2022
Transactions value $
$17,759
Form type
4
Date filed
2/28/2022, 03:28 PM
Previous filing
Jan 4, 2022
Next filing
Mar 4, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction WNEB Common Stock Award $27.3K +2.99K +27.13% $9.14 14K Feb 24, 2022 Direct F1
transaction WNEB Common Stock Tax liability -$9.55K -1.05K -7.46% $9.14 13K Feb 24, 2022 Direct F2
holding WNEB Common Stock 10.8K Feb 24, 2022 By IRA
holding WNEB Common Stock 4.53K Feb 24, 2022 By ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding WNEB Stock Options 17K Feb 24, 2022 Common Stock 17K $6.82 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were issued to the reporting person pursuant to the Western New England Bancorp, Inc. 2019 Long-Term Incentive Plan, which provided for the award of shares of common stock of the Company based on the Company's performance over a designated three-year period.
F2 Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the award of common stock described in footnote 1.