Julia E. Callis - 01 Apr 2023 Form 4 Insider Report for RED RIVER BANCSHARES INC (RRBI)

Signature
/s/ Julia E. Callis
Issuer symbol
RRBI
Transactions as of
01 Apr 2023
Net transactions value
$0
Form type
4
Filing time
03 Apr 2023, 14:42:36 UTC
Previous filing
30 Jan 2023
Next filing
03 Apr 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRBI Common Stock Award $0 +400 +3.2% $0.000000 13,037 01 Apr 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 400 shares of unvested restricted stock granted to the reporting person on April 1, 2023 that will vest in equal installments on each of the first five anniversaries of the grant date. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
F2 Includes 550 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 30 shares vest on July 1, 2023; (ii) 80 shares vest on April 1, 2024; (iii ) 30 shares vest on July 1, 2024; (iv) 80 shares vest on April 1, 2025; (v) 30 shares vest on July 1, 2025; (vi) 80 shares vest on April 1, 2026; (vii) 30 shares vest on July 1, 2026; (viii) 80 shares vest on April 1, 2027; (ix) 30 shares vest on July 1, 2027; and (x) 80 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.

Remarks:

Senior Vice President, General Counsel, and Corporate Secretary