Eric H. Brunngraber - Jan 27, 2022 Form 4 Insider Report for CASS INFORMATION SYSTEMS INC (CASS)

Signature
/s/ Eric H. Brunngraber
Stock symbol
CASS
Transactions as of
Jan 27, 2022
Transactions value $
-$214,160
Form type
4
Date filed
1/31/2022, 03:45 PM
Next filing
Dec 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASS Common Stock Award $0 +10.3K +8.43% $0.00 132K Jan 27, 2022 Direct F1, F2
transaction CASS Common Stock Tax liability -$117K -2.92K -2.2% $40.15 130K Jan 28, 2022 Direct F2
transaction CASS Common Stock Award $0 +5.17K +3.99% $0.00 135K Jan 28, 2022 Direct F2, F3
transaction CASS Common Stock Tax liability -$97K -2.42K -1.79% $40.15 132K Jan 28, 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units under the Amended and Restated Omnibus Stock and Performance Compensation Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. The restricted stock units are scheduled to cliff vest in three years.
F2 Includes restricted stock bonus shares, subject to vesting and forfeiture.
F3 The shares were acquired upon the satisfaction of applicable performance conditions.