Brian F. Doran - Jan 2, 2024 Form 4 Insider Report for REPUBLIC FIRST BANCORP INC (FRBK)

Role
EVP and General Counsel
Signature
/s/ Scott A. Brown, pursuant to power of attorney
Stock symbol
FRBK
Transactions as of
Jan 2, 2024
Transactions value $
$240,180
Form type
4
Date filed
1/4/2024, 04:13 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FRBK Common Stock 0 Jan 2, 2024 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 Award $240K 240K Jan 2, 2024 Common Stock 240K Direct F1, F3
holding FRBK Restricted Stock Unit 124K Jan 2, 2024 Common Stock 124K Direct F1, F2
* 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 1/3 per year commencing June 20, 2024.
F3 Restricted stock units vest at a rate of 1/3 per year commencing January 2, 2025.