Konrad M. Wayson - 12 Oct 2021 Form 4 Insider Report for SEVERN BANCORP INC

Role
Director
Signature
Konrad M. Wayson
Issuer symbol
N/A
Transactions as of
12 Oct 2021
Net transactions value
+$18,198
Form type
4
Filing time
14 Oct 2021, 18:17:51 UTC
Next filing
02 Nov 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVBI Common Stock Options Exercise $4,600 +800 +1.1% $5.75 72,475 12 Oct 2021 Direct
transaction SVBI Common Stock Options Exercise $5,440 +800 +1.1% $6.80 73,275 12 Oct 2021 Direct
transaction SVBI Common Stock Options Exercise $5,680 +800 +1.1% $7.10 74,075 12 Oct 2021 Direct
transaction SVBI Common Stock Options Exercise $2,478 +300 +0.4% $8.26 74,375 12 Oct 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 -800 -100% 0 12 Oct 2021 Common Stock 800 $5.75 Direct F1
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -800 -67% 400 12 Oct 2021 Common Stock 1,200 $6.80 Direct F2
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -800 -50% 800 12 Oct 2021 Common Stock 1,600 $7.10 Direct F3
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -300 -20% 1,200 12 Oct 2021 Common Stock 1,500 $8.26 Direct F4
holding SVBI Employee Stock Option (Right to Buy) 1,500 12 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