JOHN LAMON - 28 Sep 2021 Form 4 Insider Report for SEVERN BANCORP INC

Role
Director
Signature
John A. Lamon III
Issuer symbol
N/A
Transactions as of
28 Sep 2021
Net transactions value
+$21,878
Form type
4
Filing time
28 Sep 2021, 16:31:25 UTC
Next filing
02 Nov 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 +2.2% $6.80 75,850 28 Sep 2021 Direct
transaction SVBI Common Stock Options Exercise $8,520 +1,200 +1.6% $7.10 77,050 28 Sep 2021 Direct
transaction SVBI Common Stock Options Exercise $2,478 +300 +0.39% $8.26 77,350 28 Sep 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 28 Sep 2021 Common Stock 2,000 $6.80 Direct F1
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -1,200 -60% 800 28 Sep 2021 Common Stock 2,000 $7.10 Direct F2
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -300 -20% 1,200 28 Sep 2021 Common Stock 1,500 $8.26 Direct F3
holding SVBI Employee Stock Option (Right to Buy) 1,500 28 Sep 2021 Common Stock 1,500 $7.10 Direct F4
* 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