Lisa R. Jacobs - Jan 2, 2024 Form 4 Insider Report for REPUBLIC FIRST BANCORP INC (FRBK)

Role
Director
Signature
/s/ Scott A. Brown, pursuant to power of attorney
Stock symbol
FRBK
Transactions as of
Jan 2, 2024
Transactions value $
$85,100
Form type
4
Date filed
1/4/2024, 04:22 PM
Previous filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FRBK Common Stock 25.6K 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 $85.1K 85.1K Jan 2, 2024 Common Stock 85.1K Direct F1, F3
holding FRBK Stock Options 25K Jan 2, 2024 Common Stock 25K $8.40 Direct
holding FRBK Stock Options 25K Jan 2, 2024 Common Stock 25K $6.60 Direct
holding FRBK Stock Options 25K Jan 2, 2024 Common Stock 25K $3.01 Direct
holding FRBK Series A. Convertible Preferred stock 1K Jan 2, 2024 Common Stock 1K Direct F4
holding FRBK Restricted Stock Unit 8.5K Jan 2, 2024 Common Stock 8.5K 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 100% on February 21, 2024.
F3 Restricted stock units vest 100% on January 2, 2025.
F4 The Series A Convertible Preferred stock is convertible into common stock at any time at an initial conversion price of $3.00 per share, and has no expiration date.