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

Role
EVP
Signature
/s/ Jeffrey Yeh
Issuer symbol
RBB
Transactions as of
18 Jan 2024
Net transactions value
-$9,385
Form type
4
Filing time
22 Jan 2024, 12:13:24 UTC
Previous filing
22 Jan 2024
Next filing
23 Feb 2024
SEC
View on sec.gov

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 +1.6% $0.000000 54,372 18 Jan 2024 Direct
transaction RBB Common Stock, No Par Value Tax liability $5,360 -304 -0.56% $17.63 54,068 18 Jan 2024 Direct
transaction RBB Common Stock, No Par Value Options Exercise $0 +675 +1.2% $0.000000 54,743 19 Jan 2024 Direct
transaction RBB Common Stock, No Par Value Tax liability $4,025 -230 -0.42% $17.50 54,513 19 Jan 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% $0.000000 1,684 18 Jan 2024 Restricted Stock Units 2,526 $0.000000 Direct F1, F2
transaction RBB Restricted Stock Units Options Exercise $0 -675 -50% $0.000000 675 19 Jan 2024 Restricted Stock Units 1,350 $0.000000 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.