Jeffrey Yeh - Jan 18, 2024 Form 4 Insider Report for RBB Bancorp (RBB)

Role
EVP
Signature
/s/ Jeffrey Yeh
Stock symbol
RBB
Transactions as of
Jan 18, 2024
Transactions value $
-$9,385
Form type
4
Date filed
1/22/2024, 12:13 PM
Previous filing
Jan 20, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBB Common Stock, No Par Value Options Exercise $0 +842 +1.57% $0.00 54.4K Jan 18, 2024 Direct
transaction RBB Common Stock, No Par Value Tax liability -$5.36K -304 -0.56% $17.63 54.1K Jan 18, 2024 Direct
transaction RBB Common Stock, No Par Value Options Exercise $0 +675 +1.25% $0.00 54.7K Jan 19, 2024 Direct
transaction RBB Common Stock, No Par Value Tax liability -$4.03K -230 -0.42% $17.50 54.5K Jan 19, 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 RBB Restricted Stock Units Options Exercise $0 -842 -33.33% $0.00 1.68K Jan 18, 2024 Restricted Stock Units 2.53K $0.00 Direct F1, F2
transaction RBB Restricted Stock Units Options Exercise $0 -675 -50% $0.00 675 Jan 19, 2024 Restricted Stock Units 1.35K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 There will be no expiration date once restricted stock units vest.
F2 These restricted stock units vest in three equal annual installments beginning one year after the 01/18/2023 date of grant.
F3 These restricted stock units vest in three equal annual installments beginning one year after the 01/19/2022 date of grant.
F4 There will be no expiration date once restricted stock units vest.

Remarks:

The first vesting of the RSUs that were granted on 1/18/2023, and the second vesting of the RSUs that were granted on 1/19/2022 are both reflected. The total amount of RSUs vested is 1,517 shares. 534 of those shares were used to cover tax withholding obligations, leaving a total of 983 shares acquired.