Mary Usategui - Jan 3, 2022 Form 4 Insider Report for Professional Holding Corp. (PFHD)

Role
Chief Accounting Officer
Signature
Michael Sontag as attorney in fact
Stock symbol
PFHD
Transactions as of
Jan 3, 2022
Transactions value $
$170,437
Form type
4
Date filed
1/5/2022, 06:33 PM
Previous filing
May 19, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PFHD Class A Common Tax liability -$11.7K -609 -3.53% $19.16* 16.6K Jan 3, 2022 Direct F1
transaction PFHD Class A Common Award $197K +10K +60.13% $19.65* 26.6K Jan 5, 2022 Direct F2
transaction PFHD Class A Common Tax liability -$14.4K -742 -2.79% $19.40* 25.9K Jan 5, 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 2,500 shares of restricted Class A Common Stock granted on 12/31/19.
F2 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 which began on 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 2,500 shares of restricted Class A Common Stock granted on 1/4/21.