Brian J. Fisher - Nov 9, 2021 Form 4 Insider Report for Regional Management Corp. (RM)

Role
EVP, Chief Strat/Dev Officer
Signature
/s/ Catherine R. Atwood, attorney-in-fact
Stock symbol
RM
Transactions as of
Nov 9, 2021
Transactions value $
-$1,009,117
Form type
4
Date filed
11/12/2021, 05:03 PM
Previous filing
Sep 7, 2021
Next filing
Nov 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RM Common Stock Options Exercise $171K +9.64K +28.06% $17.76 44K Nov 9, 2021 Direct
transaction RM Common Stock Options Exercise $173K +11.5K +26.13% $15.06 55.5K Nov 9, 2021 Direct
transaction RM Common Stock Options Exercise $194K +13.1K +23.68% $14.75 68.7K Nov 9, 2021 Direct
transaction RM Common Stock Tax liability -$1.25M -20.7K -30.12% $60.33 48K Nov 9, 2021 Direct F1, F2
transaction RM Common Stock Sale -$294K -4.86K -10.13% $60.44 43.1K Nov 11, 2021 Direct F3
transaction RM Common Stock Sale -$6.02K -100 -0.23% $60.21 43K Nov 12, 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 RM Employee Stock Option (right to buy) Options Exercise $0 -9.64K -100% $0.00* 0 Nov 9, 2021 Common Stock 9.64K $17.76 Direct
transaction RM Employee Stock Option (right to buy) Options Exercise $0 -11.5K -100% $0.00* 0 Nov 9, 2021 Common Stock 11.5K $15.06 Direct F4
transaction RM Employee Stock Option (right to buy) Options Exercise $0 -13.1K -100% $0.00* 0 Nov 9, 2021 Common Stock 13.1K $14.75 Direct
* 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 the payment of the exercise prices based on the market price of the issuer's common stock at the time of the option exercises on November 9, 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 November 9, 2021.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.01 to $60.91, inclusive. The reporting person undertakes to provide to Regional Management Corp., any security holder of Regional Management Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold and the price at which such shares were sold.
F4 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.