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

Role
EVP-Lending
Signature
/s/ Ned A. Quint, pursuant to power of attorney
Issuer symbol
AFBI
Transactions as of
16 Nov 2023
Net transactions value
+$10,000
Form type
4
Filing time
20 Nov 2023, 12:56:06 UTC
Previous filing
24 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFBI Common Stock Award $0 +3,000 +15% $0.000000 23,302 16 Nov 2023 Direct F1, F3, F6
holding AFBI Common Stock 1,100 16 Nov 2023 By Spouse
holding AFBI Common Stock 12,000 16 Nov 2023 By IRA
holding AFBI Common Stock 18,000 16 Nov 2023 By Spouse's IRA
holding AFBI Common Stock 2,301 16 Nov 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 $10,000 10,700 16 Nov 2023 Common Stock 10,000 $14.49 Direct F7
holding AFBI Stock Options 5,000 16 Nov 2023 Common Stock 5,000 $14.40 Direct F5
holding AFBI Stock Options 5,000 16 Nov 2023 Common Stock 5,000 $14.85 Direct F4
holding AFBI Stock Options 22,671 16 Nov 2023 Common Stock 22,671 $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 20% per year commencing on March 21, 2024.
F6 Shares of restricted stock vest at a rate of 20% per year commencing on November 16, 2024.
F7 Stock options vest at a rate of 20% 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.