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Provident Bancorp, Inc. /MD/ Director's Dealing 2020

Aug 10, 2020

33611_dirs_2020-08-10_ad464c71-98dc-4093-a734-1ff16be8ea19.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Provident Bancorp, Inc. /MD/ (PVBC)
CIK: 0001778784
Period of Report: 2020-07-24

Reporting Person: Mansfield David P (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2020-07-24 Common Stock I 3624 $7.84 Acquired 83942 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 62918 Direct
Common Stock 8600 Indirect
Common Stock 9542 Indirect
Common Stock 16638 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $8.6087 2026-11-17 Common Stock (225565) 225565 Direct

Footnotes

F1: Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 17, 2017.

F2: Stock option vest at a rate of 20% per year commencing on November 17, 2017.

F3: Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

F4: Transaction previously reported on Form 4 (Accession #0001567619-20-013836); however, the predecessor to Provident Bancorp, Inc./MD/ was inadvertently indicated as the Issuer. This Form 4 is being filed solely to reflect the correct issuer.