David S. Jones - Oct 6, 2021 Form 4 Insider Report for SEVERN BANCORP INC (SVBI)

Role
Director
Signature
David S. Jones
Stock symbol
SVBI
Transactions as of
Oct 6, 2021
Transactions value $
$33,378
Form type
4
Date filed
10/8/2021, 09:51 PM
Next filing
Nov 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVBI Common Stock Options Exercise $11.5K +2K +100% $5.75 4K Oct 6, 2021 Direct
transaction SVBI Common Stock Options Exercise $10.9K +1.6K +40% $6.80 5.6K Oct 6, 2021 Direct
transaction SVBI Common Stock Options Exercise $8.52K +1.2K +21.43% $7.10 6.8K Oct 6, 2021 Direct
transaction SVBI Common Stock Options Exercise $2.48K +300 +4.41% $8.26 7.1K Oct 6, 2021 Direct
holding SVBI Common Stock 17.3K Oct 6, 2021 As Custodian for Children
holding SVBI Common Stock 27.7K Oct 6, 2021 By Company F6
holding SVBI Common Stock 4.09K Oct 6, 2021 By Trust
holding SVBI Common Stock 16.6K Oct 6, 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 -2K -100% 0 Oct 6, 2021 Common Stock 2K $5.75 Direct F1
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -1.6K -80% 400 Oct 6, 2021 Common Stock 2K $6.80 Direct F2
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -1.2K -60% 800 Oct 6, 2021 Common Stock 2K $7.10 Direct F3
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -300 -20% 1.2K Oct 6, 2021 Common Stock 1.5K $8.26 Direct F4
holding SVBI Employee Stock Option (Right to Buy) 1.5K Oct 6, 2021 Common Stock 1.5K $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