Reininga Daniel P 4
4 · LAKE SHORE BANCORP, INC. · Filed Dec 17, 2019
Insider Transaction Report
Form 4
Reininga Daniel P
Director
Transactions
- Award
Common Stock
2019-12-15+5,610→ 47,700 total - Tax Payment
Common Stock
2019-12-15$15.22/sh−1,905$29,004→ 45,795 total
Holdings
- 900(indirect: By Spouse)
Common Stock
- 17,000(indirect: By Trust)
Common Stock
- 3,993(indirect: By ESOP)
Common Stock
- 30,800
Stock Options (Right to Buy)
Exercise: $14.38Exp: 2026-10-21→ Common Stock (30,800 underlying) - 6,000(indirect: By GH Graf Realty Corp.)
Common Stock
Footnotes (3)
- [F1]On February 8, 2017, the reporting person was granted 5,610 shares of restricted stock which vest on December 15, 2019, subject to satisfaction of certain performance criteria. The performance criteria were met, resulting in the vesting of 5,610 shares of restricted stock.
- [F2]These shares were acquired pursuant to an Employee Stock Ownership Plan allocation.
- [F3]Stock options vest at a rate of 20% per year commencing on October 21, 2017.