Brett L. Wait - Feb 2, 2023 Form 4 Insider Report for FIVE STAR BANCORP (FSBC)

Role: SVP & CIO
Signature: /s/ Brett L. Wait, by Heather C. Luck, Attorney-in-Fact
Stock symbol: FSBC
Transactions as of: Feb 2, 2023
Transactions value $: $0
Form type: 4
Date filed: 2/3/2023, 03:21 PM
Previous filing: Jan 24, 2022
Next filing: Apr 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSBC	Common Stock	Award	$0	+387	+3.91%	$0.00	10.3K	Feb 2, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan. One-third of the award of restricted stock vested immediately upon grant, with the remaining two-thirds to vest in equal annual installments over two years on January 1st of each year, provided Mr. Wait, the reporting person, remains employed by Five Star Bancorp on the respective vesting dates.
F2	Consists of 3,466 unvested shares which were granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan and are scheduled to vest in equal installments over a remaining four-year period, and 129 unvested shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan scheduled to vest on January 1, 2024, provided Mr. Wait remains employed by Five Star Bancorp on the respective vesting dates.

Content

Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan. One-third of the award of restricted stock vested immediately upon grant, with the remaining two-thirds to vest in equal annual installments over two years on January 1st of each year, provided Mr. Wait, the reporting person, remains employed by Five Star Bancorp on the respective vesting dates.

Consists of 3,466 unvested shares which were granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan and are scheduled to vest in equal installments over a remaining four-year period, and 129 unvested shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan scheduled to vest on January 1, 2024, provided Mr. Wait remains employed by Five Star Bancorp on the respective vesting dates.