Simon Pang - 19 Jan 2023 Form 4 Insider Report for RBB Bancorp (RBB)

Role
Former EVP
Signature
/s/ Simon Pang
Issuer symbol
RBB
Transactions as of
19 Jan 2023
Net transactions value
$0
Form type
4
Filing time
20 Jan 2023, 20:48:36 UTC
Previous filing
16 Aug 2022
Next filing
31 Mar 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 +767 +36% $0.000000 2,925 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 -767 -100% $0.000000* 0 19 Jan 2023 Restricted Stock Units 1,534 $0.000000 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 There will be no expiration date once restricted stock units vest.
F2 These restricted stock units vest in three equal annual installments beginning one year after the 01/19/2022 date of grant.
F3 Represents forfeiture of remaining 1,534 restricted stock units

Remarks:

The first vesting of the RSUs that were granted on 1/19/2022 are reflected. Simon Pang has forfeited the remaining 1,534 restricted stock units that were granted on 1/19/2022.