Lisa R. Jacobs - 21 Feb 2023 Form 4 Insider Report for REPUBLIC FIRST BANCORP INC

Role
Director
Signature
/s/ Lisa R. Jacobs
Issuer symbol
N/A
Transactions as of
21 Feb 2023
Net transactions value
$0
Form type
4
Filing time
22 May 2023, 10:53:40 UTC
Previous filing
24 Mar 2022
Next filing
04 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRBK Common Stock Options Exercise +8,500 +50% 25,600 21 Mar 2023 Direct F1

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 FRBK Restricted Stock Unit Options Exercise $8,500 $0 21 Mar 2023 Common Stock 8,500 Direct F1, F2
transaction FRBK Restricted Stock Unit Award $8,500 8,500 21 Feb 2023 Common Stock 8,500 Direct F1, F3
holding FRBK Stock Options 25,000 21 Feb 2023 Common Stock 25,000 $8.40 Direct
holding FRBK Stock Options 25,000 21 Feb 2023 Common Stock 25,000 $6.60 Direct
holding FRBK Stock Options 25,000 21 Feb 2023 Common Stock 25,000 $3.01 Direct
holding FRBK Series A. Convertible Preferred stock 1,000 21 Feb 2023 Common Stock 1,000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock or cash upon vesting at the election of the Issuer.
F2 Restricted stock units vest 100% on March 21, 2023.
F3 Restricted stock units vest 100% on February 21, 2024.
F4 The Series A Convertible Preferred stock is convertible into common stock at any time at an initial conversion price of $3.00 per share, and has no expiration date.