Wendell Chen - 18 Jan 2023 Form 4 Insider Report for RBB Bancorp (RBB)

Role
Director
Signature
/s/ Wendell Chen
Issuer symbol
RBB
Transactions as of
18 Jan 2023
Net transactions value
$0
Form type
4
Filing time
20 Jan 2023, 19:45:07 UTC
Previous filing
23 Sep 2022
Next filing
12 Jun 2023
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 $0 +700 +0.77% $0.000000 91,171 18 Jan 2023 Direct
transaction RBB Common Stock, No Par Value Options Exercise $0 +500 +0.55% $0.000000 91,671 19 Jan 2023 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 Restricted Stock Units Options Exercise $0 -500 -100% $0.000000* 0 19 Jan 2023 Restricted Stock Units 500 $0.000000 Direct F4, F5
transaction RBB Restricted Stock Units Options Exercise $0 -700 -54% $0.000000 600 18 Jan 2023 Restricted Stock Units 1,300 $0.000000 Direct F5, F6
holding RBB Option (right to buy) 10,250 18 Jan 2023 Common Stock 10,250 $13.21 Direct F1
holding RBB Option (right to buy) 10,000 18 Jan 2023 Common Stock 10,000 $17.08 Direct F2
holding RBB Option (right to buy) 10,000 18 Jan 2023 Common Stock 10,000 $18.25 Direct F3
* 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 05/21/2014 date of grant.
F2 These options vest in three equal annual installments beginning one year after the 05/20/2015 date of grant.
F3 These options vest in three equal annual installments beginning one year after the 05/17/2016 date of grant.
F4 These restricted stock units vest in two installments: 500 at 07/21/2022 and 500 at 01/19/2023.
F5 There will be no expiration date once restricted stock units vest.
F6 These restricted stock units vest in two installments: 700 at 01/18/2023 and 600 at 01/18/2024.

Remarks:

Wendell Chen was granted 1,300 restricted stock units that will vest in two installments: 700 on 01/18/2023 (immediate vesting) and 600 on 01/18/2024. The second and final vesting of the RSUs that were granted on 1/19/2022 are also reflected.