Michael Carotenuto - Mar 9, 2023 Form 4 Insider Report for CAMBRIDGE BANCORP (CATC)

Role
SVP / CFO
Signature
/s/Michael Carotenuto, as Attorney-in-Fact
Stock symbol
CATC
Transactions as of
Mar 9, 2023
Transactions value $
$98,238
Form type
4
Date filed
3/10/2023, 03:37 PM
Previous filing
Feb 17, 2023
Next filing
Mar 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CATC Common Stock Award $98.2K +1.33K +16.08% $74.03 9.58K Mar 9, 2023 Direct F1
holding CATC Common Stock 379 Mar 9, 2023 ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This PRSU award was eligible to vest based upon the Bank's average three year-performance relative to the Commercial Bank Peer Group for operating return on assets and operating diluted earnings per share growth for the period ending December 31, 2022. Based on the Company's performance through December 31, 2022, the Compensation Committee determined that these awards would vest at 106.8% of target.