Paul Lin - 13 May 2022 Form 4 Insider Report for RBB Bancorp (RBB)

Role
Director
Signature
/s/ Paul Lin
Issuer symbol
RBB
Transactions as of
13 May 2022
Net transactions value
-$148,465
Form type
4
Filing time
16 May 2022, 16:36:59 UTC
Previous filing
16 May 2022
Next filing
25 Jul 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 $81,092 +7,273 $11.15 7,273 13 May 2022 Direct
transaction RBB Common Stock, No Par Value Sale $148,465 -7,273 -100% $20.41 0 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 $81,092 -7,273 -68% $11.15 3,490 13 May 2022 Common Stock 10,763 $11.15 Direct F1
holding RBB Option (right to buy) 0 13 May 2022 Common Stock 10,250 $13.21 Direct F2
holding RBB Option (right to buy) 0 13 May 2022 Common Stock 10,000 $17.08 Direct F3
holding RBB Option (right to buy) 0 13 May 2022 Common Stock 10,000 $18.25 Direct F4
holding RBB Restricted Stock Units 1,050 13 May 2022 Restricted Stock Units 1,050 $0.000000 Direct F5, 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 05/15/2013 date of grant.
F2 These options vest in three equal annual installments beginning one year after the 05/21/2014 date of grant.
F3 These options vest in three equal annual installments beginning one year after the 05/20/2015 date of grant.
F4 These options vest in three equal annual installments beginning one year after the 05/17/2016 date of grant.
F5 These restricted stock units vest in two 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:

Paul Lin is reporting a cashless exercise and sale of 7,273 shares.