Benjamin R. Clouse - Jul 28, 2022 Form 4 Insider Report for CROSSFIRST BANKSHARES, INC. (CFB)

Role: CFO
Signature: /s/ Benjamin R.Clouse
Stock symbol: CFB
Transactions as of: Jul 28, 2022
Transactions value $: $16,196
Form type: 4
Date filed: 7/29/2022, 04:15 PM
Previous filing: Jul 22, 2022
Next filing: Feb 28, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CFB	Common Stock	Options Exercise	$22.9K	+1.67K	+11.19%	$13.76	16.6K	Jul 28, 2022	Direct
transaction	CFB	Common Stock	Tax liability	-$6.74K	-490	-2.96%	$13.76	16.1K	Jul 28, 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	Options Exercise	$0	-1.67K	-16.05%	$0.00	8.72K	Jul 28, 2022	Common Stock	8.72K	$0.00	Direct	F1, F2
holding	CFB	Stock Settled Appreciation Right						25K	Jul 28, 2022	Common Stock	25K	$14.14	Direct	F3

* 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	These restricted stock units are eligible to vest as follows: 1,796 on February 24, 2023, 1,666 units on July 28, 2023, 1,797 units on February 24, 2024, 1,667 units on July 29, 2024, and 1,796 on February 24, 2025; in each case, subject to continued employment through the respective vesting date.
F3	Stock settled appreciation rights are eligible to vest as follows: 3,571 on July 28, 2022, 3,572 on July 28, 2023, 3,571 on July 29, 2024, 3,572 on July 28, 2025, 3,571 on July 28, 2026, 3,572 on July 28, 2027, and 3,571 on July 28, 2028; in each case, subject to continued employment through the respective vesting dates.