David S. Jones - 06 Oct 2021 Form 4 Insider Report for SEVERN BANCORP INC

Role
Director
Signature
David S. Jones
Issuer symbol
N/A
Transactions as of
06 Oct 2021
Net transactions value
+$33,378
Form type
4
Filing time
08 Oct 2021, 21:51:15 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 $11,500 +2,000 +100% $5.75 4,000 06 Oct 2021 Direct
transaction SVBI Common Stock Options Exercise $10,880 +1,600 +40% $6.80 5,600 06 Oct 2021 Direct
transaction SVBI Common Stock Options Exercise $8,520 +1,200 +21% $7.10 6,800 06 Oct 2021 Direct
transaction SVBI Common Stock Options Exercise $2,478 +300 +4.4% $8.26 7,100 06 Oct 2021 Direct
holding SVBI Common Stock 17,287 06 Oct 2021 As Custodian for Children
holding SVBI Common Stock 27,699 06 Oct 2021 By Company F6
holding SVBI Common Stock 4,089 06 Oct 2021 By Trust
holding SVBI Common Stock 16,619 06 Oct 2021 By LLC F7

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 -2,000 -100% 0 06 Oct 2021 Common Stock 2,000 $5.75 Direct F1
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -1,600 -80% 400 06 Oct 2021 Common Stock 2,000 $6.80 Direct F2
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -1,200 -60% 800 06 Oct 2021 Common Stock 2,000 $7.10 Direct F3
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -300 -20% 1,200 06 Oct 2021 Common Stock 1,500 $8.26 Direct F4
holding SVBI Employee Stock Option (Right to Buy) 1,500 06 Oct 2021 Common Stock 1,500 $7.10 Direct F5
* 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 December 22, 2016.
F2 Options vest over a 5-year period beginning November 22, 2017.
F3 Options vest over a 5-year period beginning December 19, 2018.
F4 Options vest over a 5-year period beginning February 25, 2021.
F5 Options vest over a 5-year period beginning December 22, 2021.
F6 Shares owned by Southern Drywell, Inc., of which Mr. Jones has a 50% interest as a co-owner.
F7 Shares owned by Sonne Capital LLC, of which Mr. Jones is a 20% owner of with his sons and brother