George Matthew Brown - 21 Dec 2022 Form 4 Insider Report for TC Bancshares, Inc. (TCBC)

Role
Director
Signature
/s/ Linda Palmer, pursuant to Power of Attorney
Issuer symbol
TCBC
Transactions as of
21 Dec 2022
Net transactions value
$0
Form type
4
Filing time
23 Dec 2022, 15:41:15 UTC
Previous filing
02 Mar 2022
Next filing
23 Aug 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBC Common Stock Award $0 +8,570 +143% $0.000000 14,570 21 Dec 2022 Direct F1
holding TCBC Common Stock 25 21 Dec 2022 As UGMA custodian 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 TCBC Director Stock Option Award $0 +21,430 $0.000000 21,430 21 Dec 2022 Common Stock 21,430 $14.85 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The restricted stock grants were 20% vested at grant, with the remaining grants vesting in four equal annual installments beginning on December 20, 2023.
F2 As custodian for grandson under Uniform Gifts to minors Act. The reporting person disclaims beneficial ownership of these shares, and this report should not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
F3 The options were 20% vested at grant, with the remaining options vesting in four equal annual installments beginning on December 20, 2023