David Richard Morris - 27 Apr 2022 Form 4 Insider Report for RBB Bancorp (RBB)

Role
Interim President/CEO
Signature
/s/ David Morris
Issuer symbol
RBB
Transactions as of
27 Apr 2022
Net transactions value
-$239,999
Form type
4
Filing time
28 Apr 2022, 21:37:23 UTC
Previous filing
26 Jan 2022
Next filing
23 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBB Common Stock, No Par Value Options Exercise $239,999 +21,525 +156% $11.15 35,301 27 Apr 2022 Direct
transaction RBB Stock Options Options Exercise $239,999 -21,525 -50% $11.15 21,288 27 Apr 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 RBB Option (right to buy) Options Exercise $239,999 -21,525 -64% $11.15 12,288 27 Apr 2022 Common Stock 33,813 $11.15 Direct F1
holding RBB Option (right to buy) 9,000 27 Apr 2022 Common Stock 9,000 $20.55 Direct F2
holding RBB Restricted Stock Units 2,301 27 Apr 2022 Restricted Stock Units 2,301 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest in three equal annual installments beginning one year after the 01/01/2013 date of grant.
F2 These options vest in three equal annual installments beginning one year after the 01/22/2020 date of grant.
F3 These restricted stock units vest in three equal annual installments beginning one year after the 01/19/2022 date of grant.
F4 There will be no expiration date once restricted stock units vest.

Remarks:

David Morris exercised 21,525 stock options on 4/27/2022.