Provident Bancorp, Inc. /MD/ — Director's Dealing 2023

Feb 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Provident Bancorp, Inc. /MD/ (PVBC)
CIK: 0001778784
Period of Report: 2023-02-02

Reporting Person: Mancini Joseph (Chief Operating Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-02-02	Common Stock	A	5210	$0.00	Acquired	16497	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-02-02	Stock Options	$9.55	A	28000	Acquired	2033-02-02	Common Stock (28000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2019	Indirect
Common Stock	1915	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$15.00	2031-04-22	Common Stock (30000)	30000	Direct

Footnotes

F1: Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 22, 2022.

F2: Shares of restricted stock which vest at a rate of 20% per year commencing on February 2, 2024.

F3: Stock option vest at a rate of 20% per year commencing on April 22, 2022.

F4: Stock option vest at a rate of 20% per year commencing on February 2, 2024.