Trifon Houvardas - Mar 4, 2022 Form 4 Insider Report for BayFirst Financial Corp. (BAFN)

Role
Director
Signature
/s/ Richard Pearlman, Attorney-in-Fact
Stock symbol
BAFN
Transactions as of
Mar 4, 2022
Transactions value $
$0
Form type
4
Date filed
3/8/2022, 10:06 AM
Previous filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BAFN Common Stock Disposed to Issuer $0 -925 -100% $0.00* 0 Mar 4, 2022 Direct

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 BAFN Option (Right to Buy) Disposed to Issuer $0 -1.3K -33.33% $0.00 2.6K Mar 4, 2022 Common Stock 1.3K $14.67 Direct F1, F2
transaction BAFN Option (Right to Buy) Disposed to Issuer $0 -1.3K -33.33% $0.00 2.6K Mar 4, 2022 Common Stock 1.3K $15.67 Direct F2, F3
transaction BAFN Option (Right to Buy) Disposed to Issuer $0 -2.5K -66.67% $0.00 1.25K Mar 4, 2022 Common Stock 2.5K $14.67 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Trifon Houvardas is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Options were granted 3/15/2019, vest in three annual installments on the anniversary date of the grant.
F2 The vested options will expire on 3/4/2023.
F3 Options were granted 1/15/2020, vest in three annual installments on the anniversary date of the grant.
F4 Options were granted 1/14/2021, vest in three annual installments on the anniversary date of the grant.