Daniel R. Sheehan - 03 Jan 2022 Form 4 Insider Report for Professional Holding Corp.

Role
Chief Executive Officer, Director
Signature
Michael C. Sontag, as attorney in fact
Issuer symbol
N/A
Transactions as of
03 Jan 2022
Net transactions value
+$570,868
Form type
4
Filing time
05 Jan 2022, 18:32:06 UTC
Previous filing
06 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFHD Class A Common Tax liability $54,434 -2,841 -3.7% $19.16* 74,159 03 Jan 2022 Direct F1
transaction PFHD Class A Common Award $687,750 +35,000 +47% $19.65* 109,159 05 Jan 2022 Direct F2
transaction PFHD Class A Common Tax liability $62,449 -3,219 -2.9% $19.40* 105,940 05 Jan 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This amount represents shares of Class A Common Stock withheld to satisfy tax obligations in connection with the vesting of 11,667 shares of restricted Class A Common Stock granted on 12/31/19.
F2 This amount represents 35,000 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.
F3 This amount represents shares of Class A Common Stock withheld to satisfy tax obligations in connection with the vesting of 11,667 shares of restricted Class A Common Stock granted on 01/04/21.