Mary Usategui - 03 Jan 2022 Form 4 Insider Report for Professional Holding Corp.

Role
Chief Accounting Officer
Signature
Michael Sontag as attorney in fact
Issuer symbol
N/A
Transactions as of
03 Jan 2022
Net transactions value
+$170,437
Form type
4
Filing time
05 Jan 2022, 18:33:40 UTC
Previous filing
19 May 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 $11,668 -609 -3.5% $19.16* 16,632 03 Jan 2022 Direct F1
transaction PFHD Class A Common Award $196,500 +10,000 +60% $19.65* 26,632 05 Jan 2022 Direct F2
transaction PFHD Class A Common Tax liability $14,395 -742 -2.8% $19.40* 25,890 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 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.