Wendell Chen - Sep 22, 2022 Form 4 Insider Report for RBB Bancorp (RBB)

Role
Director
Signature
/s/ Wendell Chen
Stock symbol
RBB
Transactions as of
Sep 22, 2022
Transactions value $
$9
Form type
4
Date filed
9/23/2022, 07:59 PM
Previous filing
Jul 22, 2022
Next filing
Jan 20, 2023

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 +13.5% $11.15 90.5K Sep 22, 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 Sep 22, 2022 Common Stock 10.8K $11.15 Direct F1
holding RBB Option (right to buy) 10.3K Sep 22, 2022 Common Stock 10.3K $13.21 Direct F2
holding RBB Option (right to buy) 10K Sep 22, 2022 Common Stock 10K $17.08 Direct F3
holding RBB Option (right to buy) 10K Sep 22, 2022 Common Stock 10K $18.25 Direct F4
holding RBB Restricted Stock Units 500 Sep 22, 2022 Restricted Stock Units 500 $0.00 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 installments: 500 at 07/21/2022 and 500 at 01/19/2023.
F6 There will be no expiration date once restricted stock units vest.

Remarks:

Wendell Chen exercised 10,763 options on 09/22/2022.