Thomas A. Broughton - Apr 20, 2023 Form 4 Insider Report for ServisFirst Bancshares, Inc. (SFBS)

Signature
Davis Mange, Attorney-In-Fact
Stock symbol
SFBS
Transactions as of
Apr 20, 2023
Transactions value $
$149,853
Form type
4
Date filed
4/20/2023, 04:28 PM
Previous filing
Mar 16, 2023
Next filing
May 8, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFBS Common Stock Purchase $150K +3K +1.17% $49.95 260K Apr 20, 2023 Direct F1, F2
holding SFBS Common Stock 55.1K Apr 20, 2023 By Wife
holding SFBS Common Stock 498K Apr 20, 2023 TAB2, LLC F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in column 4 is a weighted average price. The shares were bought in multiple transactions ranging in price from $49.79 to $50.01, inclusive. The reporting person undertakes to provide ServisFirst Bancshares, Inc., any security holder of ServisFirst Bancshares, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares bought at each price set forth in this footnote to this Form 4.
F2 Includes 10,810 shares of restricted stock.
F3 Shares are held by a GRAT for the benefit of Mr. Broughton's children, for which Mr. Broughton retains the power of substitution.
F4 Does not include 190,000 shares held by TAB2, LLC and 300,000 shares held by TAB3, LLC, which are managed by a third party manager.