Julia E. Callis - Apr 1, 2023 Form 4 Insider Report for RED RIVER BANCSHARES INC (RRBI)

Role
Senior Vice President, General Counsel, and Corporate Secretary
Signature
/s/ Julia E. Callis
Stock symbol
RRBI
Transactions as of
Apr 1, 2023
Transactions value $
$0
Form type
4
Date filed
4/3/2023, 02:42 PM
Previous filing
Jan 30, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRBI Common Stock Award $0 +400 +3.17% $0.00 13K Apr 1, 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