SEC Form 4 · accession 0001140361-16-069550
LAKE SHORE BANCORP, INC. · LSBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Reginald S Corsi
Director
Period of report
Jun 9, 2016
Accepted (ET)
Jun 13, 2016 · 2:07 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001341318
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 9, 2016 | M | 1,352 | $8.01 | A | 8,162 | D | |
| Common StockF1 | Jun 9, 2016 | S | 1,352 | $13.00 | D | 6,810 | D | |
| Common StockF1 | Jun 10, 2016 | M | 2,148 | $8.01 | A | 8,958 | D | |
| Common StockF1 | Jun 10, 2016 | S | 2,148 | $13.0522 | D | 6,810 | D | |
| Common Stock | holding | — | — | — | 6,002 | I | By IRA |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (right to buy)F2 | $8.01 | Jun 9, 2016 | M | 1,352 | D | — | Jan 12, 2019 | Common Stock | 1,352 | 3,048 | D |
| Stock Options (right to buy)F2 | $8.01 | Jun 10, 2016 | M | 2,148 | D | — | Jan 12, 2019 | Common Stock | 2,148 | 900 | D |
Explanation of responses
- F1Includes 1,477 shares of restricted stock which will vest in four equal annual installments. The first installment will vest on August 12, 2016. Includes 656 shares of restricted stock which vest on December 16, 2016.
- F2Options are fully vested.