Form 4 for FUNC FIRST UNITED CORP/MD/
Accepted 2022-03-10 00:00:00 ET · period of report 2022-03-09 · accession 0001014100-22-000011 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-03-10 | 2022-03-09 | FUNC | Fisher Robert L. II | SVP, Chief Revenue Off | A - Grant | $0.00 | +1,056 | 11.7K | +10% | $0 | |
| 2022-03-10 | 2022-03-09 | FUNC | Fisher Robert L. II | SVP, Chief Revenue Off | F - Tax | $21.88 | -1,150 | 10.6K | -10% | -$25.2K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-03-09 | A | A | 1,056 | $0.00 | 11,744 | D | — | — | (F1) The shares were issued pursuant to performance-vesting restricted stock units ("RSUs") that were granted on March 26, 2020 and vested at the maximum award level on March 9, 2022. The RSUs were previously reported in a Form 4 filed on March 30, 2020 (the "Prior Form 4"). The amount reported in Table I of the Prior Form 4 reflected the shares that could be issued under the RSUs at the target award level. The amount reported in this Form 4 represents the difference between the shares earned by the reporting person at the maximum award level (as disclosed in footnote 2 to the Prior Form 4) and the target shares that were reported in Table I of the Prior Form 4. |
| 2 | Common | Common Stock | 2022-03-09 | F | D | 1,150 | $21.88 | 10,594 | D | — | — | (F2) The shares were surrendered to the issuer in satisfaction of the tax withholding obligations associated with the vesting of the RSUs as permitted by the related award agreement and approved by the issuer's Compensation Committee. |