Yee Phong Thian - May 11, 2022 Form 4 Insider Report for RBB Bancorp (RBB)

Role
Former President/CEO
Signature
/s/ Yee Phong Thian
Stock symbol
RBB
Transactions as of
May 11, 2022
Transactions value $
-$222,364
Form type
4
Date filed
5/13/2022, 09:30 PM
Previous filing
Apr 28, 2022
Next filing
Jun 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBB Common Stock, No Par Value Options Exercise $120K +10.8K +2.08% $11.15 528K May 11, 2022 Direct
transaction RBB Common Stock, No Par Value Sale -$222K -10.8K -2.04% $20.66 517K May 11, 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 -$120K -10.8K -100% $11.15 0 May 11, 2022 Common Stock 10.8K $11.15 Direct F1
holding RBB Option (right to buy) 242K May 11, 2022 Common Stock 242K $11.15 Direct F2
holding RBB Option (right to buy) 10.8K May 11, 2022 Common Stock 10.8K $11.15 Direct F3
holding RBB Option (right to buy) 10.3K May 11, 2022 Common Stock 10.3K $13.21 Direct F4
holding RBB Option (right to buy) 10K May 11, 2022 Common Stock 10K $17.08 Direct F5
holding RBB Option (right to buy) 10K May 11, 2022 Common Stock 10K $18.25 Direct F6
* 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 05/16/2012 date of grant.
F2 These options vest in three equal annual installments beginning one year after the 01/01/2013 date of grant.
F3 These options vest in three equal annual installments beginning one year after the 05/15/2013 date of grant.
F4 These options vest in three equal annual installments beginning one year after the 05/21/2014 date of grant.
F5 These options vest in three equal annual installments beginning one year after the 05/20/2015 date of grant.
F6 These options vest in three equal annual installments beginning one year after the 05/17/2016 date of grant.

Remarks:

Yee Phong Thian is reporting a cashless exercise and sale of 10,763 shares.