Clark Nelson - Nov 16, 2023 Form 4 Insider Report for Affinity Bancshares, Inc. (AFBI)

Role
EVP and CCO
Signature
/s/ Ned A. Quint, pursuant to power of attorney
Stock symbol
AFBI
Transactions as of
Nov 16, 2023
Transactions value $
$10,000
Form type
4
Date filed
11/20/2023, 12:54 PM
Previous filing
Jul 24, 2023
Next filing
Nov 18, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFBI Common Stock Award $0 +7K +34.54% $0.00 27.3K Nov 16, 2023 Direct F1, F3, F6
holding AFBI Common Stock 1K Nov 16, 2023 By IRA
holding AFBI Common Stock 2.3K Nov 16, 2023 By ESOP F8

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 AFBI Stock Options Award $10K 10K Nov 16, 2023 Common Stock 10K $14.49 Direct F7
holding AFBI Stock Options 7.5K Nov 16, 2023 Common Stock 7.5K $14.40 Direct F5
holding AFBI Stock Options 5K Nov 16, 2023 Common Stock 5K $14.85 Direct F4
holding AFBI Stock Options 22.7K Nov 16, 2023 Common Stock 22.7K $7.77 Direct F2
* 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 at a rate of 20% per year commencing on April 30, 2021.
F2 Stock options vest at a rate of 20% per year commencing on April 30, 2021.
F3 Includes shares of restricted stock which vest at a rate of 20% per year commencing on July 1, 2023.
F4 Stock options vest at a rate of 20% per year commencing on July 1, 2023.
F5 Stock options vest at a rate of 33% per year commencing on March 21, 2024.
F6 Shares of restricted stock vest at a rate of 33% per year commencing on November 16, 2024.
F7 Stock options vest at a rate of 33% per year commencing on November 16, 2024.
F8 Reflects transaction not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.