| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RBCAA | Class A Common Stock | Award | +860 | +6.02% | 15.2K | Jul 20, 2022 | Direct | F1, F2, F3 | ||
| holding | RBCAA | Class A Common Stock | 10K | Jul 20, 2022 | By Delaware Trust | F4 |
| Id | Content |
|---|---|
| F1 | During 2021 and 2022, the Issuer inadvertently failed to pay the Reporting Person certain fees in connection with the Reporting Person's Board committee service. For both years, the Reporting Person had timely elected to defer these fees in accordance with the Issuer's Non-Employee Director and Key Employee Deferred Compensation Plan (the "Plan"). Under the Plan, on a quarterly basis, amounts credited to the Reporting Person's deferred compensation account are to be converted into whole stock units ("Stock Units") equivalent in value to shares of Issuer Class A common stock at the closing price on the last day of the quarter. Thereafter, dividends on Stock Units are paid to the Reporting Person in additional Stock Units in accordance with the Issuer's dividend reinvestment plan. |
| F2 | On July 20, 2022, the Issuer's Board of Directors approved a corrective payment to compensate the Reporting Person for the unpaid fees through a grant of that number of Stock Units that the Reporting Person would have received had the fees been converted to Stock Units under the Plan. |
| F3 | Reflects additional dividend equivalent rights acquired since the date of the Reporting Person's last ownership report. |
| F4 | The Reporting Person is the Investment Direction Advisor of a Delaware Trust for the benefit of him and his family. In this capacity, he retains investment discretion over shares of the Issuer held by the Trust. The Reporting Person disclaims beneficial ownership of any shares held by the trust in which he does not have a pecuniary interest. |