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

Sep 7, 2021

33611_dirs_2021-09-07_0cbf9933-06b5-4b49-bca5-3bf44a72ae07.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: 2021-09-02

Reporting Person: Knapp Laurie H (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2021-08-27 Common Stock L 55 $16.5487 Acquired 35428 Direct
2021-08-27 Common Stock L 1 $16.5487 Acquired 7173 Indirect
2021-08-27 Common Stock L 1 $16.5487 Acquired 7448 Indirect
2021-09-02 Common Stock M 1500 $8.6087 Acquired 36928 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2021-09-02 Stock Options $8.6087 M 1500 Disposed 2026-11-17 Common Stock (1500) Direct

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Stock Options $10.40 2030-11-24 Common Stock (25500) 25500 Direct

Footnotes

F1: Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 24, 2021.

F2: Includes shares of restricted stock which vest at a rate of 20% per year commencing on November 17, 2017.

F3: Stock option vest at a rate of 20% per year commencing on November 24, 2021.

F4: Stock option vest at a rate of 20% per year commencing on November 17, 2017.