Michael E. Lee - Jan 20, 2022 Form 4 Insider Report for FIVE STAR BANCORP (FSBC)

Signature
/s/ Michael E. Lee, by Heather C. Luck, Attorney-in-Fact
Stock symbol
FSBC
Transactions as of
Jan 20, 2022
Transactions value $
$0
Form type
4
Date filed
1/24/2022, 03:38 PM
Previous filing
May 25, 2021
Next filing
Feb 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSBC Common Stock Award $0 +387 +1.16% $0.00 33.9K Jan 20, 2022 By self as trustee F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan. One-third of the award of restricted stock vested immediately upon grant, with the remaining two-thirds to vest in equal annual installments over two years on January 1st of each year, provided Mr. Lee, the reporting person, remains employed by Five Star Bancorp on the respective vesting dates.
F2 Shares are held by The Michael E. Lee & Kaylin M. Fadel-Lee Family Revocable Trust, for which Mr. Lee serves as a trustee. Consists of 129 shares of unvested stock awards which are scheduled to vest on January 1, 2023 and 4,332 shares which were granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan and are scheduled to vest in equal installments over a five-year period, provided Mr. Lee remains employed by Five Star Bancorp on the respective vesting dates.