Thomas A. Broughton - Dec 31, 2021 Form 5 Insider Report for ServisFirst Bancshares, Inc. (SFBS)

Role
Chairman, President, & CEO, Director
Signature
Reid C. Jones, attorney-in-fact
Stock symbol
SFBS
Transactions as of
Dec 31, 2021
Transactions value $
$0
Form type
5
Date filed
1/18/2022, 01:59 PM
Next filing
Jan 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFBS Common Stock Gift $0 -498K -66.91% $0.00 246K Dec 16, 2021 Direct F1, F2
transaction SFBS Common Stock Gift $0 +498K $0.00 498K Dec 16, 2021 TAB2, LLC F1, F3
holding SFBS Common Stock 54.8K Dec 31, 2021 By Wife
holding SFBS Common Stock 7.27K Dec 31, 2021 Step Daughter
holding SFBS Common Stock 7.02K Dec 31, 2021 Step Daughter
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 497,812 shares were gifted to TAB2 LLC, a Grantor Retained Annuity Trust
F2 8,267 shares are restricted stock which vest ratably over 3 years from the date awarded (01/25/2021)
F3 TAB2 LLC A PARTNERSHIP BROUGHTON DAUGHTERS' TRUST is a Grantor Retained Annuity Trust ("GRAT") with an independent trustee, however, the grantor has the right to substitute assets in accordance with the terms of the GRAT.