Gorman Louis O III 4
4 · Western New England Bancorp, Inc. · Filed Feb 28, 2022
Insider Transaction Report
Form 4
Gorman Louis O III
VP - Credit Administration
Transactions
- Award
Common Stock
2022-02-24$9.14/sh+3,005$27,466→ 20,766 total - Tax Payment
Common Stock
2022-02-24$9.14/sh−1,051$9,606→ 19,715 total
Holdings
- 25,322(indirect: by ESOP)
Common Stock
Footnotes (2)
- [F1]These shares were issued to the reporting person pursuant to the Western New England Bancorp, Inc. 2019 Long-Term Incentive Plan, which provided for the award of shares of common stock of the Company based on the Company's performance over a designated three-year period.
- [F2]Reflects shares of common stock surrendered to the Issuer to satisfy tax withholding obligations in connection with the award of common stock described in footnote 1.