W. Randall Rapp - 01 Jul 2022 Form 4 Insider Report for CROSSFIRST BANKSHARES, INC.

Role: PRESIDENT, CROSSFIRST BANK
Signature: /s/ Benjamin R. Clouse, Attorney-in-Fact for W. Randall Rapp
Issuer symbol: N/A
Transactions as of: 01 Jul 2022
Net transactions value: $0
Form type: 4
Filing time: 05 Jul 2022, 16:32:02 UTC
Previous filing: 12 May 2022
Next filing: 28 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	CFB	Common Stock						26,110	01 Jul 2022	Direct

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	CFB	Restricted Stock Units	Award	$0	+5,000	+26%	$0.000000	24,499	01 Jul 2022	Common Stock	5,000	$0.000000	Direct	F1, F2, F3, F4
transaction	CFB	Stock Settled Appreciation Right	Award	$0	+5,000		$0.000000	5,000	01 Jul 2022	Common Stock	$5,000	$13.46	Direct	F3, F5
holding	CFB	Stock Settled Appreciation Rights						45,162	01 Jul 2022	Common Stock	45,162	$15.50	Direct	F6

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

Explanation of Responses:

Id	Content
F1	The restricted stock units (RSUs) convert on a one for one basis for shares of common stock, without any consideration.
F2	Each RSU represents a contingent right to receive one share of common stock. These RSUs are eligible for vesting as follows: 1,667 on July 1, 2023; 1,666 on July 1, 2024; and 1,667 on July 1, 2025; in each case, subject to continued employment through the respective vesting dates.
F3	This transaction represents a grant of equity to the reporting person by the issuer. Therefore, no consideration other than the value of services rendered was paid for the security.
F4	The reporting person is the holder of other RSUs that are eligible to vest as follows: 3,079 on February 24, 2023; 1,722 on February 27, 2023; 5,000 on May 11, 2023; 3,080 on February 24, 2024; 5,000 on May 11, 2024; and 1,618 on February 24, 2025; in each case, subject to continued employment through the respective vesting dates.
F5	Stock settled appreciation rights (SSARs) are eligible for vesting as follows: 714 on July 1, 2023; 715 on July 1, 2024; 714 on July 1, 2025; 714 on July 1, 2026; 714 on July 1, 2027; 715 on July 1, 2028; and 714 on July 1, 2029; in each case, subject to continued employment through the respective vesting dates.
F6	SSARs have vested or are eligible for vesting as follows: 6,452 on April 1, 2020; 6,451 on April 1, 2021; 6,452 on April 1, 2022; 6,452 on April 1, 2023; 6,452 on April 1, 2024; 6,451 on April 1, 2025; and 6,452 on April 1, 2026; in each case, subject to continued employment through the respective vesting dates.