John B. Connerton - 17 Mar 2025 Form 4 Insider Report for EVANS BANCORP INC (EVBN)

Role
Treasurer
Signature
/s/David Krajewski, Attorney in Fact for John B. Connerton
Issuer symbol
EVBN
Transactions as of
17 Mar 2025
Net transactions value
-$10,231
Form type
4
Filing time
19 Mar 2025, 16:17:25 UTC
Previous filing
27 Nov 2024
Next filing
21 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EVBN Common Stock Options Exercise $10,806 +277 +1.4% $39.01 19,410 17 Mar 2025 Direct
transaction EVBN Common Stock Tax liability $3,241 -83 -0.43% $39.05 19,327 18 Mar 2025 Direct
transaction EVBN Common Stock Options Exercise $19,427 +498 +2.6% $39.01 19,825 17 Mar 2025 Direct
transaction EVBN Common Stock Tax liability $6,990 -179 -0.9% $39.05 19,646 18 Mar 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 $10,806 -277 -50% $39.01 277 17 Mar 2025 Common Stock 277 Direct F1, F2, F3, F4
transaction EVBN Performance Stock Unit Options Exercise $19,427 -498 -50% $39.01 498 17 Mar 2025 Common Stock 498 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 831 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