Salvatore R. Defrancesco Jr - Feb 15, 2022 Form 4 Insider Report for FIDELITY D & D BANCORP INC (FDBC)

Signature
John Pash
Stock symbol
FDBC
Transactions as of
Feb 15, 2022
Transactions value $
$75,024
Form type
4
Date filed
2/17/2022, 02:06 PM
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDBC Common Stock, Restricted Award $75K +1.51K +5.7% $49.85 27.9K Feb 15, 2022 Direct F1

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 FDBC Stock Appreciation Rights 15.4K Feb 15, 2022 Common Stock 15.4K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The award has a 0%, 0% and 100% three year cliff vesting schedule. The award shall be fully vested on February 15, 2025.
F2 2016 Grant = $21.60, 2017 Grant = $26.17, 2018 Grant = $49.50 and 2019 Grant = $59.70.
F3 As of 2/5/2022, all stock appreciation rights have vested.
F4 The stock appreciation rights expire as follows: 2/1/2026 for the 2016 grant, 2/6/2027 for the 2017 grant, 2/5/2028 for the 2018 grant and 2/4/2029 for the 2019 grant.