Cindy Verity - Jun 3, 2021 Form 4 Insider Report for PACIFIC MERCANTILE BANCORP (PMBC)

Role
EVP, Head of Cash Management
Signature
/s/ Nancy Gray, attorney in fact for Cindy Verity
Stock symbol
PMBC
Transactions as of
Jun 3, 2021
Transactions value $
-$147,997
Form type
4
Date filed
6/4/2021, 08:00 PM
Next filing
Oct 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PMBC Common Stock Options Exercise $37.4K +5.27K +23.62% $7.10 27.6K Jun 3, 2021 Direct
transaction PMBC Common Stock Options Exercise $187K +30K +108.72% $6.24 57.6K Jun 3, 2021 Direct
transaction PMBC Common Stock Options Exercise $33.8K +5.46K +9.49% $6.18 63.1K Jun 3, 2021 Direct
transaction PMBC Common Stock Options Exercise $147K +21.6K +34.32% $6.77 84.7K Jun 3, 2021 Direct
transaction PMBC Common Stock Options Exercise $74.2K +9.11K +10.76% $8.15 93.8K Jun 3, 2021 Direct
transaction PMBC Common Stock Sale -$627K -71.5K -76.21% $8.77 22.3K Jun 3, 2021 Direct F1

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 PMBC Common Stock Option Options Exercise $0 -9.11K -12.74% $0.00 62.4K Jun 3, 2021 Common Stock 9.11K $8.15 Direct F2
transaction PMBC Stock Options (Right to buy) Options Exercise $0 -5.27K -8.45% $0.00 57.1K Jun 3, 2021 Common Stock 5.27K $7.10 Direct F2
transaction PMBC Stock Options (Right to buy) Options Exercise $0 -21.6K -37.9% $0.00 35.5K Jun 3, 2021 Common Stock 21.6K $6.77 Direct F2
transaction PMBC Stock Options (Right to buy) Options Exercise $0 -30K -84.59% $0.00 5.46K Jun 3, 2021 Common Stock 30K $6.24 Direct F2
transaction PMBC Stock Options (Right to buy) Options Exercise $0 -5.46K -100% $0.00* 0 Jun 3, 2021 Common Stock 5.46K $6.18 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.78 to $8.84 inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range.
F2 Options have fully vested.