James Eugene Beckwith - 07 Feb 2024 Form 4 Insider Report for FIVE STAR BANCORP (FSBC)

Signature
/s/ James E. Beckwith, by Heather C. Luck, Attorney-in-Fact
Issuer symbol
FSBC
Transactions as of
07 Feb 2024
Net transactions value
$0
Form type
4
Filing time
09 Feb 2024, 15:39:09 UTC
Previous filing
13 Dec 2023
Next filing
15 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSBC Common Stock Award $0 +20,000 +4.2% $0.000000 497,245 07 Feb 2024 By self as trustee F1, F2
holding FSBC Common Stock 3,000 07 Feb 2024 By daughter F3
holding FSBC Common Stock 3,000 07 Feb 2024 By son F3
holding FSBC Common Stock 3,000 07 Feb 2024 By other son F3
holding FSBC Common Stock 1,000 07 Feb 2024 By daughter-in-law F3
* 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. The award of restricted stock vests annually in equal installments over five years, provided Mr. Beckwith, the reporting person, remains employed by Five Star Bancorp on the respective vesting dates.
F2 Shares are held by the Beckwith Family Trust dated April 10, 1998, for which Mr. Beckwith serves as a trustee. Consists of 45,000 shares which were granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan (including 12,858 shares which have vested and 32,142 which are scheduled to vest in equal installments over the remainder of a seven-year period, provided Mr. Beckwith remains employed by Five Star Bancorp on the respective vesting dates).
F3 Mr. Beckwith, the reporting person, disclaims ownership of these securities, and this report shall not be deemed an admission that Mr. Beckwith is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.