Eric M. Keitz - 24 Aug 2021 Form 4 Insider Report for SEVERN BANCORP INC

Role
Director
Signature
Eric M. Keitz
Issuer symbol
N/A
Transactions as of
24 Aug 2021
Net transactions value
+$67,680
Form type
4
Filing time
24 Aug 2021, 18:52:49 UTC
Previous filing
27 Jul 2021
Next filing
21 Oct 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVBI Common Stock Options Exercise $10,880 +1,600 +3.5% $6.80 47,600 24 Aug 2021 Direct
transaction SVBI Common Stock Options Exercise $56,800 +8,000 +17% $7.10 55,600 24 Aug 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 -1,600 -80% 400 24 Aug 2021 Common Stock 2,000 $6.80 Direct F1
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -8,000 -67% 4,000 24 Aug 2021 Common Stock 16,000 $7.10 Direct F5
holding SVBI Employee Stock Option (Right to Buy) 1,500 24 Aug 2021 Common Stock 1,500 $7.10 Direct F4
holding SVBI Employee Stock Option (Right to Buy) 4,000 24 Aug 2021 Common Stock 4,000 $7.10 Direct F2
holding SVBI Employee Stock Option (Right to Buy) 1,500 24 Aug 2021 Common Stock 1,500 $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.