David J. Nasca - Mar 15, 2025 Form 4 Insider Report for EVANS BANCORP INC (EVBN)

Role
President and CEO, Director
Signature
/s/David Krajewski, Attorney in Fact for John B. Connerton
Stock symbol
EVBN
Transactions as of
Mar 15, 2025
Transactions value $
-$36,027
Form type
4
Date filed
3/19/2025, 04:13 PM
Previous filing
Mar 13, 2025
Next filing
Mar 21, 2025
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 $27.5K +706 +0.68% $39.01 105K Mar 17, 2025 Direct
transaction EVBN Common Stock Tax liability -$12.9K -330 -0.31% $39.03 105K Mar 18, 2025 Direct
transaction EVBN Common Stock Options Exercise $49.5K +1.27K +1.21% $39.01 106K Mar 17, 2025 Direct
transaction EVBN Common Stock Tax liability -$23.1K -593 -0.56% $39.03 105K Mar 18, 2025 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 Restricted Stock Unit Options Exercise -$27.5K -706 -50% $39.01 706 Mar 15, 2025 Common Stock 706 Direct F1, F2, F3, F4
transaction EVBN Performance Stock Units Options Exercise -$49.5K -1.27K -50% $39.01 1.27K Mar 17, 2025 Common Stock 1.27K Direct F4, F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 No exercisable date for this type of award
F3 On March 15, 2022, the reporting person was granted 2,118 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F4 No expiration date for this type of award
F5 Performance stock units convert into common stock on a one-for-one basis.
F6 On March 15, 2022, the reporting person was granted performance stock units, the earned units represent 60% of the total units granted