W. Randall Rapp - Jul 1, 2022 Form 4 Insider Report for CROSSFIRST BANKSHARES, INC. (CFB)

Role
PRESIDENT, CROSSFIRST BANK
Signature
/s/ Benjamin R. Clouse, Attorney-in-Fact for W. Randall Rapp
Stock symbol
CFB
Transactions as of
Jul 1, 2022
Transactions value $
$0
Form type
4
Date filed
7/5/2022, 04:32 PM
Previous filing
May 12, 2022
Next filing
Feb 28, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CFB Common Stock 26.1K Jul 1, 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 +5K +25.64% $0.00 24.5K Jul 1, 2022 Common Stock 5K $0.00 Direct F1, F2, F3, F4
transaction CFB Stock Settled Appreciation Right Award $0 +5K $0.00 5K Jul 1, 2022 Common Stock $5K $13.46 Direct F3, F5
holding CFB Stock Settled Appreciation Rights 45.2K Jul 1, 2022 Common Stock 45.2K $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.