Robert Franko - 12 May 2021 Form 4 Insider Report for First Choice Bancorp

Role
President & CEO
Signature
/s/ Khoi Dang, as attorney in fact for Robert M. Franko
Issuer symbol
N/A
Transactions as of
12 May 2021
Net transactions value
-$62,398
Form type
4
Filing time
14 May 2021, 18:14:37 UTC
Next filing
27 May 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FCBP Common Stock Tax liability $62,398 -1,991 -4.7% $31.34 40,755 12 May 2021 Direct F1, F2
holding FCBP Common Stock 35,832 12 May 2021 Franko Rev. Living Trust F3, F4
holding FCBP Common Stock 11,408 12 May 2021 IRA F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld solely for the purpose of satisfying tax liability due upon vesting of restricted stock award.
F2 Additional shares were acquired from reinvested dividends on March 4, 2021.
F3 6,040 shares were previously reported as directly beneficially owned but were transferred by reporting person to a revocable family trust on March 31, 2021.
F4 On 2/10/2021, Franko Revocable Living Trust U/A DTD 03/05/1991 transferred as a bona fide gift 2,500 shares of the Issuer's common stock to the reporting person's children's trust.