Michael J. Gilfeather - Sep 21, 2021 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Signature
/s/ Jennifer Staub, pursuant to power of attorney
Stock symbol
OBT
Transactions as of
Sep 21, 2021
Transactions value $
$0
Form type
4
Date filed
9/23/2021, 02:09 PM
Previous filing
Aug 9, 2021
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OBT Common Stock Award $0 +3.5K +14.14% $0.00 28.3K Sep 21, 2021 Direct F1, F2, F3, F4
holding OBT Common Stock 7.4K Sep 21, 2021 By IRA

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 OBT Phantom Stock 3.5K Sep 21, 2021 Common Stock 3.5K Direct F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 1/3 per year commencing on February 15, 2020.
F2 Includes shares of restricted stock which vest at a rate of 1/3 per year commencing on February 21, 2021.
F3 Includes shares of restricted stock which vest at a rate of 1/3 per year commencing on February 19, 2022.
F4 Restricted stock units which vest at a rate of 1/3 per year commencing on September 21, 2022.
F5 Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as an executive and the reporting person reaches the age of 65.