Sec Form 4 Filing - DODDS SCOTT E @ CONSUMERS BANCORP INC /OH/ - 2022-10-27

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
DODDS SCOTT E
2. Issuer Name and Ticker or Trading Symbol
CONSUMERS BANCORP INC /OH/ [ CBKM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
EVP, Senior Loan Officer
(Last) (First) (Middle)
294 MULL AVE
3. Date of Earliest Transaction (MM/DD/YY)
10/27/2022
(Street)
AKRON, OH44313-7669
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 10/27/2022 A 727( 1 ) A $ 0 13,810.19( 2 ) D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Award ( 3 ) 10/27/2022 A 2,181 10/27/2023( 4 ) 10/27/2025 Common Stock 2,181 $ 0 2,181 D
Restricted Stock Units (performance Based Vesting) ( 5 ) 10/27/2022 A 3,054 ( 5 ) ( 5 ) Common Stock 3,054 $ 0 3,054 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DODDS SCOTT E
294 MULL AVE
AKRON, OH44313-7669
EVP, Senior Loan Officer
Signatures
/s/Scott E. Dodds 10/31/2022
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Stock Award
( 2 )Includes shares acquired through dividend reinvestment plan
( 3 )Each restricted stock award is the economic equliavant of one share of Consumers Bancorp Inc common stock
( 4 )Restricted Stock Awards vest in 3 installment beginning of first anniversary of the date of grant as listed in the "date exercisable" column
( 5 )The performance based RSUs will vest based on achievement of identified performance measures for fiscal year 2023, with additional time-based vesting in equal 25% installments on June 30, 2024, 2025 and 2026, assuming the Reporting Person remains continuously employed on the vesting dates. The amount reported represents the amount of shares payable at maximum performance; the Reporting Person could earn 0 - 50% of the amount reported depending on the level of performance achieved.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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