Tammy Song - 13 May 2022 Form 4 Insider Report for RBB Bancorp (RBB)

Role
Former EVP
Signature
/s/ Tammy Song
Issuer symbol
RBB
Transactions as of
13 May 2022
Net transactions value
-$264,858
Form type
4
Filing time
16 May 2022, 16:27:51 UTC
Previous filing
16 May 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 $61,650 +3,000 +147% $20.55 5,035 13 May 2022 Direct
transaction RBB Common Stock, No Par Value Sale $62,108 -3,000 -60% $20.70 2,035 13 May 2022 Direct
transaction RBB Common Stock, No Par Value Options Exercise $133,300 +10,000 +491% $13.33 12,035 13 May 2022 Direct
transaction RBB Common Stock, No Par Value Sale $202,750 -10,000 -83% $20.28 2,035 13 May 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 $61,650 -3,000 -50% $20.55 3,000 13 May 2022 Common Stock 6,000 $20.55 Direct F2
transaction RBB Option (right to buy) Options Exercise $133,300 -10,000 -33% $13.33 20,000 13 May 2022 Common Stock 30,000 $13.33 Direct F3
holding RBB Option (right to buy) 1,000 13 May 2022 Common Stock 1,000 $18.38 Direct F1
holding RBB Option (right to buy) 30,000 13 May 2022 Common Stock 30,000 $17.74 Direct F4
holding RBB Restricted Stock Units 690 13 May 2022 Restricted Stock Units 690 $0.000000 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Tammy Song is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 These options vest in three equal annual installments beginning one year after the 01/23/2019 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 options vest in three equal annual installments beginning one year after the 07/15/2020 date of grant.
F4 These options vest in three equal annual installments beginning one year after the 01/21/2021 date of grant.
F5 These restricted stock units vest in three equal annual installments beginning one year after the 01/19/2022 date of grant.
F6 There will be no expiration date once restricted stock units vest.

Remarks:

Tammy Song is reporting a cashless exercise and sale of a total of 13,000 shares.