SEC Form 4 · accession 0001567619-18-008302
LAKE SHORE BANCORP, INC. · LSBK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rachel A Foley
Officer — Chief Financial Officer
Period of report
Dec 15, 2018
Accepted (ET)
Dec 18, 2018 · 5:56 pm EST
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,F2 | Dec 15, 2018 | A | 2,017 | $0.00 | A | 16,027 | D | |
| Common StockF3 | holding | — | — | — | 4,569 | I | By ESOP | |
| Common Stock | holding | — | — | — | 500 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 20, 2016, the reporting person was granted 2,017 shares of restricted stock which vest on December 15, 2018, subject to satisfaction of certain performance criteria. The performance criteria were met, resulting in the vesting of 2,017 shares of restricted stock.
- F2Includes 400 shares of restricted stock which vest 20% per year, with final vesting on December 19, 2019.
- F3These shares were acquired pursuant to an Employee Stock Ownership Plan allocation