Jay M. Neilon - Feb 18, 2022 Form 4 Insider Report for REPUBLIC FIRST BANCORP INC (FRBK)

Role
Chief Credit Officer
Signature
/s/ Jay M. Neilon
Stock symbol
FRBK
Transactions as of
Feb 18, 2022
Transactions value $
$30,676
Form type
4
Date filed
5/23/2023, 12:52 PM
Previous filing
Feb 9, 2022
Next filing
Mar 24, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRBK Common Stock Options Exercise +3.38K +7.24% 50K Feb 18, 2022 Direct F1
transaction FRBK Common Stock Options Exercise +3.38K +6.75% 53.4K Feb 18, 2023 Direct F1
transaction FRBK Common Stock Tax liability -$2.48K -1.22K -2.29% $2.03 52.2K Feb 18, 2023 Direct
transaction FRBK Common Stock Options Exercise +3.75K +7.19% 55.9K Mar 21, 2023 Direct F1
transaction FRBK Common Stock Tax liability -$1.34K -1.13K -2.02% $1.19 54.8K Mar 21, 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 FRBK Restricted Stock Unit Options Exercise -$3.38K 10.1K Feb 18, 2022 Common Stock 3.38K Direct F1, F2
transaction FRBK Restricted Stock Unit Options Exercise -$3.38K 6.75K Feb 18, 2023 Common Stock 3.38K Direct F1, F2
transaction FRBK Restricted Stock Unit Options Exercise -$3.75K 11.3K Mar 21, 2023 Common Stock 3.75K Direct F1, F3
transaction FRBK Restricted Stock Unit Award $45K 45K Feb 21, 2023 Common Stock 45K Direct F1, F4
holding FRBK Stock Options 12K Feb 18, 2022 Common Stock 12K $3.68 Direct
holding FRBK Stock Options 12K Feb 18, 2022 Common Stock 12K $3.55 Direct
holding FRBK Stock Options 12K Feb 18, 2022 Common Stock 12K $3.99 Direct
holding FRBK Stock Options 25K Feb 18, 2022 Common Stock 25K $8.00 Direct
holding FRBK Stock Options 30K Feb 18, 2022 Common Stock 30K $8.40 Direct
holding FRBK Stock Options 40K Feb 18, 2022 Common Stock 40K $6.60 Direct
holding FRBK Stock Options 40K Feb 18, 2022 Common Stock 40K $3.01 Direct
* 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 at a rate of 25% per year commencing February 18, 2022.
F3 Restricted stock units vest at a rate of 25% per year commencing March 21, 2023.
F4 Restricted stock units vest at a rate of 25% per year commencing February 21, 2024.