NASCA DAVID J (President and CEO) exercised options at EVANS BANCORP INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 6 exercises

NASCA DAVID J

Filed: 12/4/2024ACC: 0001593968-24-001465

InsiderNASCA DAVID JCIK 1237044

→

IssuerEVANS BANCORP INCCIK 842518

DirectorOfficer· President and CEO

Since Nov 2018

-15.06K

Net shares

Net seller

$664.7K

Total sold

Open market trades

0B · 0S

Total transactions

22.97K acquired · 38.02K disposed

Non-Derivative Transactions12

Common Stock

Direct

M · Option Exercise

+2.24K

Price / share

$39.50

Trade value

$88.52K

% of position

2.3%

12/3/2024

96.52K→98.76K

Common Stock

Direct

F · Tax Withholding

−2.01K

Price / share

$44.15

Trade value

$88.56K

% of position

2.0%

12/3/2024

98.76K→96.75K

Common Stock

Direct

M · Option Exercise

+5.61K

Price / share

$25.00

Trade value

$140.20K

% of position

5.8%

12/3/2024

96.75K→102.36K

Common Stock

Direct

F · Tax Withholding

−3.18K

Price / share

$44.15

Trade value

$140.26K

% of position

3.1%

12/3/2024

102.36K→99.19K

Common Stock

Direct

M · Option Exercise

+5.29K

Price / share

$24.72

Trade value

$130.67K

% of position

5.3%

12/3/2024

99.19K→104.47K

Common Stock

Direct

F · Tax Withholding

−2.96K

Price / share

$44.15

Trade value

$130.77K

% of position

2.8%

12/3/2024

104.47K→101.51K

Common Stock

Direct

M · Option Exercise

+3.22K

Price / share

$36.12

Trade value

$116.45K

% of position

3.2%

12/3/2024

101.51K→104.73K

Common Stock

Direct

F · Tax Withholding

−2.64K

Price / share

$44.15

Trade value

$116.51K

% of position

2.5%

12/3/2024

104.73K→102.09K

Common Stock

Direct

M · Option Exercise

+5.14K

Price / share

$25.51

Trade value

$131.10K

% of position

5.0%

12/3/2024

102.09K→107.23K

Common Stock

Direct

F · Tax Withholding

−2.97K

Price / share

$44.15

Trade value

$131.17K

% of position

2.8%

12/3/2024

107.23K→104.26K

Common Stock

Direct

M · Option Exercise

+1.47K

Price / share

$39.06

Trade value

$57.38K

% of position

1.4%

12/3/2024

104.26K→105.73K

Common Stock

Direct

F · Tax Withholding

−1.30K

Price / share

$44.15

Trade value

$57.44K

% of position

1.2%

12/3/2024

105.73K→104.43K

Total

Net shares

+7.91K

Net value

-$407.07

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	12/3/2024	M · Option Exercise	+2.24K	$39.50	$88.52K	2.3%	96.52K	98.76K
Common Stock Direct	12/3/2024	F · Tax Withholding	−2.01K	$44.15	$88.56K	2.0%	98.76K	96.75K
Common Stock Direct	12/3/2024	M · Option Exercise	+5.61K	$25.00	$140.20K	5.8%	96.75K	102.36K
Common Stock Direct	12/3/2024	F · Tax Withholding	−3.18K	$44.15	$140.26K	3.1%	102.36K	99.19K
Common Stock Direct	12/3/2024	M · Option Exercise	+5.29K	$24.72	$130.67K	5.3%	99.19K	104.47K
Common Stock Direct	12/3/2024	F · Tax Withholding	−2.96K	$44.15	$130.77K	2.8%	104.47K	101.51K
Common Stock Direct	12/3/2024	M · Option Exercise	+3.22K	$36.12	$116.45K	3.2%	101.51K	104.73K
Common Stock Direct	12/3/2024	F · Tax Withholding	−2.64K	$44.15	$116.51K	2.5%	104.73K	102.09K
Common Stock Direct	12/3/2024	M · Option Exercise	+5.14K	$25.51	$131.10K	5.0%	102.09K	107.23K
Common Stock Direct	12/3/2024	F · Tax Withholding	−2.97K	$44.15	$131.17K	2.8%	107.23K	104.26K
Common Stock Direct	12/3/2024	M · Option Exercise	+1.47K	$39.06	$57.38K	1.4%	104.26K	105.73K
Common Stock Direct	12/3/2024	F · Tax Withholding	−1.30K	$44.15	$57.44K	1.2%	105.73K	104.43K
Total			+7.91K		-$407.07

Derivative Transactions6

Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

2.24K shares

−2.24K

Strike price

39.5

Held after

0.00

Exercisable

—

12/3/2024

Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.61K shares

−5.61K

Strike price

Held after

0.00

Exercisable

—

12/3/2024

Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.29K shares

−5.29K

Strike price

24.72

Held after

0.00

Exercisable

—

12/3/2024

Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

3.22K shares

−3.22K

Strike price

36.12

Held after

0.00

Exercisable

—

12/3/2024

Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

5.14K shares

−5.14K

Strike price

25.51

Held after

1.28K

Exercisable

—

12/3/2024

Option (right to buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.47K shares

−1.47K

Strike price

39.06

Held after

490.00

Exercisable

—

12/3/2024

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Option (right to buy) Direct	Common Stock2.24K shares	12/3/2024	M · Option Exercise	−2.24K	39.5	—	0.00
Option (right to buy) Direct	Common Stock5.61K shares	12/3/2024	M · Option Exercise	−5.61K	25	—	0.00
Option (right to buy) Direct	Common Stock5.29K shares	12/3/2024	M · Option Exercise	−5.29K	24.72	—	0.00
Option (right to buy) Direct	Common Stock3.22K shares	12/3/2024	M · Option Exercise	−3.22K	36.12	—	0.00
Option (right to buy) Direct	Common Stock5.14K shares	12/3/2024	M · Option Exercise	−5.14K	25.51	—	1.28K
Option (right to buy) Direct	Common Stock1.47K shares	12/3/2024	M · Option Exercise	−1.47K	39.06	—	490.00