Larry E. Allbaugh - Mar 28, 2024 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
Mar 28, 2024
Transactions value $
$2,999,999
Form type
4
Date filed
4/1/2024, 11:03 AM
Previous filing
Feb 9, 2024
Next filing
Dec 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSBC Common Stock Purchase $500K +23K +4.8% $21.75 502K Mar 28, 2024 By self as Trustee F1, F2
transaction FSBC Common Stock Purchase $2.5M +115K +12.83% $21.75 1.01M Mar 28, 2024 OAT Trustee F3, F4
holding FSBC Common Stock 411K Mar 28, 2024 J Oates-Holt QSST Trustee F3, F5
holding FSBC Common Stock 411K Mar 28, 2024 K Oates-Fairrington QSST Trustee F3, F6
holding FSBC Common Stock 411K Mar 28, 2024 M Applegate QSST Trustee F3, F7
holding FSBC Common Stock 411K Mar 28, 2024 P Oates QSST Trustee F3, F8
holding FSBC Common Stock 10K Mar 28, 2024 Buzz Oates LLC Non-Member Manager F9
holding FSBC Common Stock 10K Mar 28, 2024 Buzz Oates Group of Companies Shareholder F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 1,638 unvested shares granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan with all shares scheduled to vest on December 31, 2024, provided the reporting person, Mr. Allbaugh, remains as a director with Five Star Bancorp on that date.
F2 Shares are held by the Larry and Laura Allbaugh Living Trust dated November 5, 1997, for which Mr. Allbaugh serves as a trustee.
F3 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.
F4 Shares are held by the Oates Administrative Trust, for which Mr. Allbaugh serves as a trustee.
F5 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.
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 Marvilyn E. Applegate Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.
F8 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.
F9 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.
F10 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.