Key facts
- This page summarizes David Lam's Form 4 filing for RIVERVIEW BANCORP INC (RVSB).
- 2 reported transactions and 0 derivative rows are listed below.
- Filing timestamp: 11 Jul 2023, 17:28.
David Lam - 07 Jul 2023 Form 4 Insider Report for RIVERVIEW BANCORP INC (RVSB)
- Role
- EVP/CFO
- Signature
- /s/ David Lam
- Issuer symbol
- RVSB
- Transactions as of
- 07 Jul 2023
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 11 Jul 2023, 17:28:16 UTC
- Previous filing
- 29 Jun 2023
- Next filing
- 02 Jan 2025
- SEC
- View on sec.gov
Key filing fact
David Lam filed Form 4 for RIVERVIEW BANCORP INC (RVSB) on 11 Jul 2023.
Change
- Previous filing in this sequence was filed on 29 Jun 2023.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
See Original Filing
Ownership activity is grounded in SEC Form 4 disclosures.
Transactions Table
RVSB
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +2,382
- Change %
- +4.2%
- Price
- $0.000000
- Shares after
- 59,684
- Date
- 07 Jul 2023
- Ownership
- Direct
- Footnotes
- F1, F2
RVSB
transaction
Common Stock
Award
- Transaction value
- $0
- Shares
- +7,145
- Change %
- +12%
- Price
- $0.000000
- Shares after
- 66,829
- Date
- 07 Jul 2023
- Ownership
- Direct
- Footnotes
- F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on July 7, 2024, July 7, 2025 and July 7, 2026. |
| F2 | Reflects 10,900 shares owned indirectly in the Riverview 401(k) Plan and 4,874 shares owned indirectly in Riverview's Employee Stock Ownership Plan. |
| F3 | Reporting Person was granted an award of performance based restricted stock covering a target of 7,145 shares (the "Target Restricted Stock Number"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on July 7, 2025 and 50% on July 7, 2026, subject to continued service requirements through such date. In addition, the number of shares subject to the restricted stock may be decreased down to 0% of the Target Restricted Stock Number, based on attainment of specified levels of the Company's total Earnings Per Share over the period of April 1, 2023 through March 31, 2024. |