Tracie Young - Feb 18, 2022 Form 4 Insider Report for REPUBLIC FIRST BANCORP INC (FRBK)

Signature
/s/ Tracie Young
Stock symbol
FRBK
Transactions as of
Feb 18, 2022
Transactions value $
-$3,824
Form type
4
Date filed
5/23/2023, 12:54 PM
Previous filing
Feb 16, 2022
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRBK Common Stock Options Exercise +3.38K +28.88% 15.1K Feb 18, 2022 Direct F1
transaction FRBK Common Stock Options Exercise +3.38K +22.41% 18.4K Feb 18, 2023 Direct F1
transaction FRBK Common Stock Tax liability -$2.48K -1.22K -6.63% $2.03 17.2K Feb 18, 2023 Direct
transaction FRBK Common Stock Options Exercise +3.75K +21.78% 21K Mar 21, 2023 Direct F1
transaction FRBK Common Stock Tax liability -$1.34K -1.13K -5.38% $1.19 19.8K 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 $0 -3.38K -25% $0.00 10.1K Feb 18, 2022 Common Stock 3.38K Direct F1, F2
transaction FRBK Restricted Stock Unit Options Exercise $0 -3.38K -33.33% $0.00 6.75K Feb 18, 2023 Common Stock 3.38K Direct F1, F2
transaction FRBK Restricted Stock Unit Options Exercise $0 -3.75K -25% $0.00 11.3K Mar 21, 2023 Common Stock 3.75K Direct F1, F3
transaction FRBK Restricted Stock Unit Award $0 +45K $0.00 45K Feb 21, 2023 Common Stock 45K Direct F1, F4
holding FRBK Stock Options 3K Feb 18, 2022 Common Stock 3K $3.55 Direct
holding FRBK Stock Options 6K Feb 18, 2022 Common Stock 6K $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.