James C. Hagan - Feb 24, 2022 Form 4 Insider Report for Western New England Bancorp, Inc. (WNEB)

Role: President and CEO, Director
Signature: /s/ John Bonini, Attorney-in-Fact
Stock symbol: WNEB
Transactions as of: Feb 24, 2022
Transactions value $: $75,487
Form type: 4
Date filed: 2/28/2022, 03:21 PM
Previous filing: Jan 4, 2022
Next filing: Mar 4, 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WNEB	Common Stock	Award	$107K	+11.7K	+6.85%	$9.14	182K	Feb 24, 2022	Direct	F1
transaction	WNEB	Common Stock	Tax liability	-$31.4K	-3.43K	-1.88%	$9.14	179K	Feb 24, 2022	Direct	F2
holding	WNEB	Common Stock						8.37K	Feb 24, 2022	by 401(K) Plan
holding	WNEB	Common Stock						41.8K	Feb 24, 2022	by ESOP

Showing 1 to 4 of 4 entries

* 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.