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

Role
Former EVP
Signature
/s/ Tammy Song
Stock symbol
RBB
Transactions as of
May 13, 2022
Transactions value $
-$264,858
Form type
4
Date filed
5/16/2022, 04:27 PM
Previous filing
May 16, 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 $61.7K +3K +147.42% $20.55 5.04K May 13, 2022 Direct
transaction RBB Common Stock, No Par Value Sale -$62.1K -3K -59.58% $20.70 2.04K May 13, 2022 Direct
transaction RBB Common Stock, No Par Value Options Exercise $133K +10K +491.4% $13.33 12K May 13, 2022 Direct
transaction RBB Common Stock, No Par Value Sale -$203K -10K -83.09% $20.28 2.04K May 13, 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 -$61.7K -3K -50% $20.55 3K May 13, 2022 Common Stock 6K $20.55 Direct F2
transaction RBB Option (right to buy) Options Exercise -$133K -10K -33.33% $13.33 20K May 13, 2022 Common Stock 30K $13.33 Direct F3
holding RBB Option (right to buy) 1K May 13, 2022 Common Stock 1K $18.38 Direct F1
holding RBB Option (right to buy) 30K May 13, 2022 Common Stock 30K $17.74 Direct F4
holding RBB Restricted Stock Units 690 May 13, 2022 Restricted Stock Units 690 $0.00 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.