EUGENE J. WALSH - 16 Feb 2024 Form 4 Insider Report for FIDELITY D & D BANCORP INC (FDBC)

Role
VP & COO
Signature
/s/ John Pash
Issuer symbol
FDBC
Transactions as of
16 Feb 2024
Net transactions value
+$9,902
Form type
4
Filing time
29 Feb 2024, 19:35:26 UTC
Previous filing
20 Jun 2023
Next filing
20 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FDBC Common Stock Sale $26,961 -545 -3.8% $49.47 13,735 16 Feb 2024 Direct F2
transaction FDBC Common Stock, Restricted Award $36,864 +785 +5.7% $46.96 14,520 20 Feb 2024 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 6,966 16 Feb 2024 Common Stock 6,966 Direct F3, F4, F5
* 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 20, 2027.
F2 Surrender of shares to cover payroll taxes on vested restricted stock.
F3 2016 Grant = $21.60, 2017 Grant = $26.17, 2018 Grant = $49.50 and 2019 Grant = $59.70.
F4 All stock appreciation rights have vested.
F5 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.