Provident Bancorp, Inc. /MD/ — Director's Dealing 2021

Nov 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Provident Bancorp, Inc. /MD/ (PVBC)
CIK: 0001778784
Period of Report: 2021-11-17

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-11-17	Common Stock	F	6677	$19.90	Disposed	153854	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8600	Indirect
Common Stock	9543	Indirect
Common Stock	16638	Indirect
Common Stock	93524	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$11.93	2030-12-17	Common Stock (204250)	204250	Direct
Stock Options	$11.93	2030-12-17	Common Stock (51060)	51060	Direct
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: Includes shares of restricted stock which vest at a rate of 20% per year commencing on December 17, 2021.

F3: Includes shares of restricted stock which vest at a rate of 33% per year commencing on December 17, 2021.

F4: Stock option vest at a rate of 20% per year commencing on December 17, 2021.

F5: Stock option vest at a rate of 33% per year commencing on December 17, 2021.

F6: Stock option vest at a rate of 20% per year commencing on November 17, 2017.

F7: Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.