Thomas R. Quinn Jr - 10 Feb 2023 Form 4 Insider Report for ORRSTOWN FINANCIAL SERVICES INC (ORRF)

Signature
/s/ Thomas R Quinn Jr
Issuer symbol
ORRF
Transactions as of
10 Feb 2023
Transactions value $
-$333,235
Form type
4
Filing time
14 Feb 2023, 15:54:34 UTC
Previous filing
18 Feb 2022
Next filing
20 Feb 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 Award $0 +9.48K +102.79% $0.00 18.7K 10 Feb 2023 Direct F1
transaction ORRF Orrstown Financial Services, Inc., Common, Rest. Stock. Unt. Award $0 +9.48K +81.32% $0.00 21.1K 10 Feb 2023 Direct F2
transaction ORRF Orrstown Financial Services, Inc, Common Stock Sale -$333K -14.4K -30.12% $23.09 33.5K 13 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock with various vesting dates over the next 3 years.
F2 Restricted stock units vesting three years after the date of the award based on pre-established company performance criteria.
F3 Includes 33,428 shares owned jointly with the reporting persons spouse