Form 4 for FUNC FIRST UNITED CORP/MD/

Accepted 2022-03-10 00:00:00 ET · period of report 2022-03-09 · accession 0001014100-22-000012 · 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	Sanders Keith	SVP, Senior Trust Off	F - Tax	$21.88	-885	12.2K	-7%	-$19.4K
	2022-03-10	2022-03-09	FUNC	Sanders Keith	SVP, Senior Trust Off	A - Grant	$0.00	+775	13.1K	+6%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2022-03-09	F	D	885	$21.88	12,201.82	D	—	—	(F3) 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.
2	Common	Common Stock	2022-03-09	A	A	775	$0.00	13,086.82	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. (F2) The amount includes 88.0795 previously unreported shares acquired with reinvested cash dividends pursuant to the First United Corporation Dividend Reinvestment and Stock Purchase Plan for which the reporting person does not have acquisition information.