George Apostolou - Dec 12, 2022 Form 4 Insider Report for BayFirst Financial Corp. (BAFN)

Role
Director
Signature
/s/ Barbara Felts, Attorney-in-fact
Stock symbol
BAFN
Transactions as of
Dec 12, 2022
Transactions value $
$0
Form type
4
Date filed
12/19/2022, 01:57 PM
Previous filing
Jan 28, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding BAFN Common Stock 87.2K Dec 12, 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) Expiration of short derivative position $0 -2.5K -66.67% $0.00 1.25K Dec 12, 2022 Common Stock 2.5K $14.67 Direct F2, F4, F5
transaction BAFN Option (Right to Buy) Expiration of short derivative position $0 -1.3K -33.33% $0.00 2.6K Dec 12, 2022 Common Stock 1.3K $15.67 Direct F2, F4, F6
holding BAFN Option (Right to Buy) 5.4K Dec 12, 2022 Common Stock 5.4K $17.33 Direct F1, F2
holding BAFN Option (Right to Buy) 3.9K Dec 12, 2022 Common Stock 3.9K $14.67 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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

Explanation of Responses:

Id Content
F1 These options vested in three equal annual installments beginning one year after the 6/12/2018 date of grant.
F2 Options are exercisable for 12 months after resignation date of December 12, 2022.
F3 These options vested in three equal annual installments beginning one year after the 3/15/2019 date of grant.
F4 Non-vested options were forfeited with resignation from Board of Directors. Vested options may be exercised for 12 months from resignation date.
F5 These options vested in three equal annual installments beginning one year after the 1/14/2021 date of grant.
F6 These options vested in three equal annual installments beginning one year after the 1/15/2020 date of grant.