G. Bridges Hall IV - Jul 1, 2021 Form 4 Insider Report for RED RIVER BANCSHARES INC (RRBI)

Role
Senior Vice President, Credit Policy Officer of Red River Bank
Signature
/s/ Amanda W. Barnett, as Attorney-in-Fact
Stock symbol
RRBI
Transactions as of
Jul 1, 2021
Transactions value $
$0
Form type
4
Date filed
7/2/2021, 04:46 PM
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRBI Common Stock Award $0 +500 +9.9% $0.00 5.55K Jul 1, 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 500 shares of unvested restricted stock granted to the reporting person on July 1, 2021 that will vest in equal installments on each of the first five anniversaries of the grant date. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
F2 Includes 1,260 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 420 shares vest on July 1, 2022; (ii) 330 shares vest on July 1, 2023; (iii) 240 shares vest on July 1, 2024; (iv) 170 shares vest on July 1, 2025; and (v) 100 shares vest on July 1, 2026. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.

Remarks:

Senior Vice President, Credit Policy Officer of Red River Bank