Kevin J. Keane - 15 Dec 2022 Form 4 Insider Report for Orange County Bancorp, Inc. /DE/ (OBT)

Role: Director
Signature: /s/ Jennifer Staub, pursuant to power of attorney
Issuer symbol: OBT
Transactions as of: 15 Dec 2022
Net transactions value: +$422
Form type: 4
Filing time: 16 Dec 2022, 15:13:51 UTC
Previous filing: 17 Nov 2022
Next filing: 04 Jan 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	OBT	Common Stock						9,200	15 Dec 2022	Direct	F1
holding	OBT	Common Stock						2,900	15 Dec 2022	By Partnership

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	OBT	Phantom Stock	Award	$422	+9	+0.49%	$46.93	1,859	15 Dec 2022	Common Stock	9		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes restricted stock units which vest 100% as of the date of grant and are settled in shares of Issuer common stock upon separation from service of the reporting person.
F2	Each share of phantom stock is the economic equivalent of one share of common stock and becomes payable upon the reporting person's separation of service as a director