Brandi C. Pajot - 28 Jul 2023 Form 4 Insider Report for Affinity Bancshares, Inc. (AFBI)

Signature
/s/ Ned A. Quint, pursuant to power of attorney
Issuer symbol
AFBI
Transactions as of
28 Jul 2023
Net transactions value
-$3,809
Form type
4
Filing time
31 Jul 2023, 10:50:34 UTC
Previous filing
01 May 2023
Next filing
20 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFBI Common Stock Tax liability $3,809 -278 -1.5% $13.70 18,286 28 Jul 2023 Direct F1, F2, F3
holding AFBI Common Stock 1,661 28 Jul 2023 By ESOP F7

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
holding AFBI Stock Options 10,000 28 Jul 2023 Common Stock 10,000 $14.40 Direct F6
holding AFBI Stock Options 10,000 28 Jul 2023 Common Stock 10,000 $14.85 Direct F5
holding AFBI Stock Options 13,602 28 Jul 2023 Common Stock 13,602 $7077.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest which at a rate of 20% per year commencing on April 30, 2021.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on July 28, 2023.
F3 Includes shares of restricted stock which vest at a rate of 20% per year commencing on March 21, 2024.
F4 Stock options vest at a rate of 20% per year commencing on April 30, 2021.
F5 Stock options vest at a rate of 20% per year commencing on July 1, 2023.
F6 Stock options vest at a rate of 20% per year commencing on March 21, 2024.
F7 Reflects transaction not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.