Thomas A. Broughton - Jan 29, 2024 Form 4 Insider Report for ServisFirst Bancshares, Inc. (SFBS)

Signature
Davis Mange, Attorney-In-Fact
Stock symbol
SFBS
Transactions as of
Jan 29, 2024
Transactions value $
$0
Form type
4
Date filed
1/31/2024, 05:18 PM
Previous filing
May 8, 2023
Next filing
Jul 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFBS Common Stock Award $0 +12.4K +4.77% $0.00 272K Jan 29, 2024 Direct F4
transaction SFBS Common Stock Award $0 +5.74K +2.11% $0.00 278K Jan 29, 2024 Direct F3, F5
holding SFBS Common Stock 55.1K Jan 29, 2024 By Wife
holding SFBS Common Stock 498K Jan 29, 2024 TAB2, LLC F1, F2
holding SFBS Common stock 2.78K Jan 29, 2024 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by a GRAT for the benefit of Mr. Broughton's children, for which Mr. Broughton Retains the power of substitution.
F2 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.
F3 Includes 12,352 shares of restricted stock.
F4 Shares of performance stock awards that vested 1/29/2024. The performance award amount was determined based on total shareholder return from 1/1/21 to 12/31/23 relative to total shareholder return of a group of peers.
F5 Shares of time based restricted stock awards which vest ratably over 3 years from the date awarded, 1/29/2024.