John B. Connerton - Feb 8, 2023 Form 4 Insider Report for EVANS BANCORP INC (EVBN)

Role
Treasurer
Signature
/s/Jessica L. Brosius, Attorney in Fact for John B. Connerton
Stock symbol
EVBN
Transactions as of
Feb 8, 2023
Transactions value $
-$117
Form type
4
Date filed
2/9/2023, 12:52 PM
Previous filing
Mar 17, 2022
Next filing
Mar 16, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBN Common Stock Options Exercise $25.8K +1.46K +9.24% $17.64 17.3K Feb 8, 2023 Direct
transaction EVBN Common Stock Tax liability -$25.8K -645 -3.74% $39.99 16.6K Feb 8, 2023 Direct
transaction EVBN Common Stock Options Exercise $42.3K +1.71K +10.29% $24.72 18.3K Feb 8, 2023 Direct
transaction EVBN Common Stock Tax liability -$42.3K -1.06K -5.77% $39.99 17.3K Feb 8, 2023 Direct
transaction EVBN Common Stock Options Exercise $77.5K +3.1K +17.96% $25.00 20.4K Feb 8, 2023 Direct
transaction EVBN Common Stock Tax liability -$77.5K -1.94K -9.52% $39.99 18.4K Feb 8, 2023 Direct
transaction EVBN Common Stock Options Exercise $31.9K +1.39K +7.54% $22.93 19.8K Feb 8, 2023 Direct
transaction EVBN Common Stock Tax liability -$31.9K -798 -4.03% $39.99 19K Feb 8, 2023 Direct

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 EVBN Option (right to buy) Options Exercise $0 -1.46K -100% $0.00* 0 Feb 8, 2023 Common Stock 1.46K $17.64 Direct F1
transaction EVBN Option (right to buy) Options Exercise $0 -1.71K -100% $0.00* 0 Feb 8, 2023 Common Stock 1.71K $24.72 Direct F1
transaction EVBN Option (right to buy) Options Exercise $0 -3.1K -100% $0.00* 0 Feb 8, 2023 Common Stock 3.1K $25.00 Direct F1
transaction EVBN Option (right to buy) Options Exercise $0 -1.39K -100% $0.00* 0 Feb 8, 2023 Common Stock 1.39K $22.93 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The Stock Options shall be exercisable according to the following schedule, 25% of the shares of Common Stock subject to the Stock Option will vest on each of the first four anniversaries of the date of grant.