David H. Stafford - 25 Aug 2022 Form 4 Insider Report for Oconee Federal Financial Corp. (OFED)

Role
EVP and COO
Signature
/s/ Edward Quint, pursuant to Power of Attorney
Issuer symbol
OFED
Transactions as of
25 Aug 2022
Transactions value $
$12.51
Form type
4
Filing time
26 Aug 2022, 14:42:36 UTC
Previous filing
23 Jun 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction OFED Common Stock Options Exercise $116,400 +6,000 +100% $19.40 12,000 25 Aug 2022 Direct F1, F2
transaction OFED Common Stock Tax liability $-116,387 -4,461 -37.2% $26.09 7,539 25 Aug 2022 Direct F1, F2
holding OFED Common Stock 4,542 25 Aug 2022 By ESOP F3

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
transaction OFED Stock Options Options Exercise $0 -6,000 -85.7% $0.000000 1,000 25 Aug 2022 Common Stock 6,000 $19.40 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest ratably for seven years commencing on February 5, 2017.
F2 Includes shares of restricted stock vest at a rate of 20% per year commencing on June 21, 2022.
F3 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F4 Stock Options vest ratably for seven years commencing on February 5, 2017.