Larry E. Allbaugh - May 16, 2023 Form 4 Insider Report for FIVE STAR BANCORP (FSBC)

Role
Director, 10%+ Owner
Signature
/s/ Larry E. Allbaugh, by Heather C. Luck, Attorney-in-Fact
Stock symbol
FSBC
Transactions as of
May 16, 2023
Transactions value $
$183,400
Form type
4
Date filed
5/18/2023, 10:11 AM
Previous filing
May 17, 2023
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSBC Common Stock Purchase $183K +10K $18.34 10K May 16, 2023 Buzz Oates Group of Companies Shareholder F1
holding FSBC Common Stock 896K May 16, 2023 OAT Trustee F2, F3
holding FSBC Common Stock 477K May 16, 2023 By self as Trustee F4, F5
holding FSBC Common Stock 411K May 16, 2023 K Oates-Fairrington QSST Trustee F2, F6
holding FSBC Common Stock 411K May 16, 2023 P Oates QSST Trustee F2, F7
holding FSBC Common Stock 411K May 16, 2023 M Applegate QSST Trustee F2, F8
holding FSBC Common Stock 411K May 16, 2023 J Oates-Holt QSST Trustee F2, F9
holding FSBC Common Stock 10K May 16, 2023 Buzz Oates LLC Non-Member Manager F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by Buzz Oates Group of Companies, of which Mr. Allbaugh is a shareholder and the Chief Executive Officer. Mr. Allbaugh has significant influence over Buzz Oates Group of Companies and may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16. Mr. Allbaugh disclaims beneficial ownership of the shares held by Buzz Oates Group of Companies, except to the extent of his pecuniary interest therein.
F2 As trustee of this trust, Mr. Allbaugh has voting and dispositive power over these shares and may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16. However, Mr. Allbaugh is not the beneficiary of this trust. Accordingly, Mr. Allbaugh disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Allbaugh is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F3 Shares are held by the Oates Administrative Trust, for which Mr. Allbaugh serves as a trustee.
F4 Includes 1,262 unvested shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan with all shares scheduled to vest on December 31, 2023, provided the reporting person, Mr. Allbaugh, remains as a director with Five Star Bancorp on that date.
F5 Shares are held by the Larry and Laura Allbaugh Living Trust dated November 5, 1997, for which Mr. Allbaugh serves as a trustee.
F6 Shares are held by the QSST Subtrust of the Kathryn Oates-Fairrington Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
F7 Shares are held by the QSST Subtrust of the Philip D. Oates Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
F8 Shares are held by the QSST Subtrust of the Marvilyn E. Applegate Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
F9 Shares are held by the QSST Subtrust of the Judy Oates-Holt Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
F10 Shares are held by Buzz Oates LLC, of which Mr. Allbaugh is a non-member manager. Mr. Allbaugh disclaims beneficial ownership of the shares held by Buzz Oates LLC.