John B. Connerton - 08 Feb 2023 Form 4 Insider Report for EVANS BANCORP INC (EVBN)

Role
Treasurer
Signature
/s/Jessica L. Brosius, Attorney in Fact for John B. Connerton
Issuer symbol
EVBN
Transactions as of
08 Feb 2023
Transactions value $
-$117
Form type
4
Filing time
09 Feb 2023, 12:52:00 UTC
Previous filing
17 Mar 2022
Next filing
16 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBN Common Stock Options Exercise $25,754 +1,460 +9.24% $17.64 17,258 08 Feb 2023 Direct
transaction EVBN Common Stock Tax liability -$25,793 -645 -3.74% $39.99 16,613 08 Feb 2023 Direct
transaction EVBN Common Stock Options Exercise $42,271 +1,710 +10.3% $24.72 18,323 08 Feb 2023 Direct
transaction EVBN Common Stock Tax liability -$42,309 -1,058 -5.77% $39.99 17,265 08 Feb 2023 Direct
transaction EVBN Common Stock Options Exercise $77,500 +3,100 +18% $25.00 20,365 08 Feb 2023 Direct
transaction EVBN Common Stock Tax liability -$77,500 -1,938 -9.52% $39.99 18,427 08 Feb 2023 Direct
transaction EVBN Common Stock Options Exercise $31,872 +1,390 +7.54% $22.93 19,817 08 Feb 2023 Direct
transaction EVBN Common Stock Tax liability -$31,912 -798 -4.03% $39.99 19,019 08 Feb 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 -1,460 -100% $0.000000* 0 08 Feb 2023 Common Stock 1,460 $17.64 Direct F1
transaction EVBN Option (right to buy) Options Exercise $0 -1,710 -100% $0.000000* 0 08 Feb 2023 Common Stock 1,710 $24.72 Direct F1
transaction EVBN Option (right to buy) Options Exercise $0 -3,100 -100% $0.000000* 0 08 Feb 2023 Common Stock 3,100 $25.00 Direct F1
transaction EVBN Option (right to buy) Options Exercise $0 -1,390 -100% $0.000000* 0 08 Feb 2023 Common Stock 1,390 $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.