Sec Form 4 Filing - Pierce Patrick Douglas @ COMMUNITY FINANCIAL CORP /MD/ - 2021-11-30

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
Pierce Patrick Douglas
2. Issuer Name and Ticker or Trading Symbol
COMMUNITY FINANCIAL CORP /MD/ [ TCFC]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
EVP & CBO-MD of Subsidiary
(Last) (First) (Middle)
3035 LEONARDTOWN ROAD
3. Date of Earliest Transaction (MM/DD/YY)
11/30/2021
(Street)
WALDORF, MD20601
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 02/14/2021 G V 47 A $ 0 7,841 D
Common Stock 02/14/2021 G V 47 D $ 0 7,794 D
Common Stock 02/15/2021 G V 74 A $ 0 7,942 D
Common Stock 02/15/2021 G V 74 D $ 0 7,868 D
Common Stock 02/20/2021 G V 106 A $ 0 8,080 D
Common Stock 02/20/2021 G V 106 D $ 0 7,974 D
Common Stock 08/20/2021 G V 158 A $ 0 8,290 D
Common Stock 08/20/2021 G V 158 D $ 0 8,132( 1 ) D
Common Stock 11/30/2021 A 541( 2 ) A $ 0 541 I By Restricted Stock Units IV
Common Stock 1,846( 3 ) I By ESOP
Common Stock 317 I By Restricted Stock Units( 4 )
Common Stock 500 I By Restricted Stock Units II( 5 )
Common Stock 477 I By Restricted Stock Units III( 6 )
Common Stock 47 I Restricted Stock II( 7 )
Common Stock 214 I Restricted Stock III( 8 )
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
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Pierce Patrick Douglas
3035 LEONARDTOWN ROAD
WALDORF, MD20601
EVP & CBO-MD of Subsidiary
Signatures
/s/ Patrick Douglas Pierce 12/02/2021
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On November 30, 2021 the reporting person held 8,240 shares of common stock in his direct ownership which includes 385 shares of common stock that have vested from the reporting person's Restricted Stock Awards and Restricted Stock Units which are now held jointly with his spouse. The direct ownership also reflects an increase in beneficial ownership resulting from exempt acquisitions of common stock under The Community Financial Corporation Dividend Reinvestment Plan which are exempt pursuant to Rule 16a-11.
( 2 )Represents restricted stock units that vest in 3 annual installments beginning on November 30, 2022, the first anniversary of the date of the award. Each restricted stock unit represents a contingent right to receive one share of The Community Financial Corporation common stock.
( 3 )This form reflects an increase in beneficial ownership resulting from an exempt acquisition pursuant to Rule 16b-3(c).
( 4 )Represents restricted stock units that vest in 3 annual installments beginning on August 20, 2021, the first anniversary of the date of the award. Each restricted stock unit represents a contingent right to receive one share of The Community Financial Corporation common stock.
( 5 )Represents restricted stock units that vest in 3 annual installments beginning on December 17, 2021, the first anniversary of the date of the award. Each restricted stock unit represents a contingent right to receive one share of The Community Financial Corporation common stock.
( 6 )Represents restricted stock units that vest in 3 annual installments beginning on February 4, 2022, the first anniversary of the date of the award. Each restricted stock unit represents a contingent right to receive one share of The Community Financial Corporation common stock.
( 7 )Vests in 3 annual installments beginning on February 14, 2020, the first anniversary of the date of the award.
( 8 )Vests in 3 annual installments beginning on February 20, 2021, the first anniversary of the date of the award.

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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