Kenneth D. Pawlak - Mar 19, 2025 Form 4 Insider Report for EVANS BANCORP INC (EVBN)

Role
EVP - Chief Growth Officer
Signature
/s/Jessica L. Brosius, Attorney in Fact for Kenneth D. Pawlak
Stock symbol
EVBN
Transactions as of
Mar 19, 2025
Transactions value $
-$6,371
Form type
4
Date filed
3/21/2025, 11:01 AM
Previous filing
Mar 19, 2025
Next filing
Mar 25, 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 $15.5K +391 +6.04% $39.52 6.86K Mar 19, 2025 Direct
transaction EVBN Common Stock Tax liability -$6.37K -162 -2.36% $39.33 6.7K Mar 20, 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 -$15.5K -391 -50% $39.52 391 Mar 19, 2025 Common Stock 391 Direct F1, F2, F3
* 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 On March 19, 2024, the reporting person was granted 391 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date.
F3 No expiration date for this type of award