Eric Keitz - Aug 24, 2021 Form 4 Insider Report for SEVERN BANCORP INC (SVBI)

Role
Director
Signature
Eric M. Keitz
Stock symbol
SVBI
Transactions as of
Aug 24, 2021
Transactions value $
$67,680
Form type
4
Date filed
8/24/2021, 06:52 PM
Previous filing
Jul 27, 2021
Next filing
Oct 21, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVBI Common Stock Options Exercise $10.9K +1.6K +3.48% $6.80 47.6K Aug 24, 2021 Direct
transaction SVBI Common Stock Options Exercise $56.8K +8K +16.81% $7.10 55.6K Aug 24, 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -1.6K -80% 400 Aug 24, 2021 Common Stock 2K $6.80 Direct F1
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -8K -66.67% 4K Aug 24, 2021 Common Stock 16K $7.10 Direct F5
holding SVBI Employee Stock Option (Right to Buy) 1.5K Aug 24, 2021 Common Stock 1.5K $7.10 Direct F4
holding SVBI Employee Stock Option (Right to Buy) 4K Aug 24, 2021 Common Stock 4K $7.10 Direct F2
holding SVBI Employee Stock Option (Right to Buy) 1.5K Aug 24, 2021 Common Stock 1.5K $8.26 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest over a 5-year period beginning November 22, 2017.
F2 Options vest over a 5-year period beginning December 19, 2018.
F3 Options vest over a 5-year period beginning February 25, 2021.
F4 Options vest over a 5-year period beginning December 22, 2021
F5 Options vest over a 5-year period beginning August 23, 2018.