Michael LaPlante - Feb 21, 2023 Form 4 Insider Report for REPUBLIC FIRST BANCORP INC (FRBK)

Role
SVP & Chief Accounting Officer
Signature
/s/ Scott A. Brown, pursuant to power of attorney
Stock symbol
FRBK
Transactions as of
Feb 21, 2023
Transactions value $
$72,000
Form type
4
Date filed
1/4/2024, 04:28 PM
Previous filing
Jan 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FRBK Common Stock 0 Feb 21, 2023 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 $20K 20K Feb 21, 2023 Common Stock 20K Direct F1, F2
transaction FRBK Restricted Stock Unit Award $52K 52K Jan 2, 2024 Common Stock 52K Direct F1, F3
* 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 25% per year commencing February 21, 2024.
F3 Restricted stock units vest at a rate of 1/3 per year commencing January 2, 2025.