Ryan Lysaght Gorney - Dec 1, 2021 Form 4 Insider Report for Professional Holding Corp. (PFHD)

Role
Chief Information Officer
Signature
Michael Sontag as attorney in fact
Stock symbol
PFHD
Transactions as of
Dec 1, 2021
Transactions value $
$191,912
Form type
4
Date filed
1/5/2022, 06:29 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFHD Class A Common Award $21.2K +1.1K +5.68% $19.27* 20.5K Dec 1, 2021 Direct F1
transaction PFHD Class A Common Tax liability -$9.12K -476 -2.32% $19.16* 20K Jan 3, 2022 Direct F2
transaction PFHD Class A Common Award $197K +10K +49.99% $19.65* 30K Jan 5, 2022 Direct F3
transaction PFHD Class A Common Tax liability -$16.7K -859 -2.86% $19.40* 29.1K Jan 5, 2022 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount represents 1,100 shares of restricted Class A Common Stock granted and issued under Professional Holding Corp.'s 2019 Equity Incentive Plan. The grant vests after three years commencing 12/01/22. The closing market price on the date of the grant was $19.27.
F2 This amount represents shares of Class A Common Stock withheld to satisfy tax obligations in connection with the vesting of 1,667 shares of restricted Class A Common Stock granted on 12/31/19.
F3 This amount represents 10,000 shares of restricted Class A Common Stock granted and issued under Professional Holding Corp.'s 2019 Equity Incentive Plan. The grant vests in three annual installments commencing 01/05/22. The closing market price on the date of the grant was $19.65.
F4 This amount represents shares of Class A Common Stock withheld to satisfy tax obligations in connection with the vesting of 2,500 shares of restricted Class A Common Stock granted on 01/04/21.