Michael R. Dunn - Aug 19, 2021 Form 4 Insider Report for Regional Management Corp. (RM)

Role
Director
Signature
/s/ Catherine R. Atwood, attorney-in-fact
Stock symbol
RM
Transactions as of
Aug 19, 2021
Transactions value $
-$907,610
Form type
4
Date filed
8/23/2021, 04:28 PM
Previous filing
Jun 3, 2021
Next filing
Aug 31, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RM Common Stock Options Exercise $151K +10K +12.02% $15.06 93.2K Aug 19, 2021 Direct
transaction RM Common Stock Options Exercise $320K +21.7K +23.28% $14.75 115K Aug 19, 2021 Direct
transaction RM Common Stock Options Exercise $307K +18K +15.67% $17.08 133K Aug 19, 2021 Direct
transaction RM Common Stock Tax liability -$1.69M -30.6K -23.04% $55.06 102K Aug 19, 2021 Direct F1, F2

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 RM Employee Stock Option (right to buy) Options Exercise $0 -10K -100% $0.00* 0 Aug 19, 2021 Common Stock 10K $15.06 Direct F3
transaction RM Employee Stock Option (right to buy) Options Exercise $0 -21.7K -100% $0.00* 0 Aug 19, 2021 Common Stock 71.7K $14.75 Direct
transaction RM Employee Stock Option (right to buy) Options Exercise $0 -18K -26.8% $0.00 49.2K Aug 19, 2021 Common Stock 67.2K $17.08 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a "net exercise" of outstanding stock options. These shares were withheld by the issuer (1) for payment of the exercise prices based on the market price of the issuer's common stock at the time of the option exercises on August 19, 2021; and (2) in satisfaction of tax withholding obligations upon the exercise of the stock options. These are non-market transactions.
F2 Represents the closing market price of the issuer's common stock at the time of the option exercises on August 19, 2021.
F3 The option vested and became exercisable in three equal installments on each of December 31, 2015, December 31, 2016, and December 31, 2017. The option is now fully exercisable.
F4 The option vested and became exercisable in three equal installments on each of December 31, 2016, December 31, 2017, and December 31, 2018. The option is now fully exercisable.