Jefferson Johnson - Dec 21, 2022 Form 4 Insider Report for TC Bancshares, Inc. (TCBC)

Role
Director
Signature
/s/ Linda Palmer, pursuant to Power of Attorney
Stock symbol
TCBC
Transactions as of
Dec 21, 2022
Transactions value $
$0
Form type
4
Date filed
12/23/2022, 03:55 PM
Previous filing
Jul 20, 2021
Next filing
Jun 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TCBC Common Stock Award $0 +8.57K +285.67% $0.00 11.6K Dec 21, 2022 Direct F1
holding TCBC Common Stock 3.5K Dec 21, 2022 by IRA
holding TCBC Common Stock 200 Dec 21, 2022 by Spouse
holding TCBC Common Stock 3.5K Dec 21, 2022 by Spouse's IRA

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 +21.4K $0.00 21.4K Dec 21, 2022 Common Stock 21.4K $14.85 Direct F2
* 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 The options were 20% vested at grant, with the remaining options vesting in four equal annual installments beginning on December 20, 2023.