Teddy Ray Price - Jan 31, 2023 Form 4 Insider Report for RED RIVER BANCSHARES INC (RRBI)

Role
Director
Signature
/s/ Julia E. Callis, as Attorney-in-Fact
Stock symbol
RRBI
Transactions as of
Jan 31, 2023
Transactions value $
$44,691
Form type
4
Date filed
2/2/2023, 01:12 PM
Previous filing
Nov 7, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRBI Common Stock Award $16.9K +332 +0.09% $50.90 363K Jan 31, 2023 Direct F1, F2
transaction RRBI Common Stock Purchase $23.4K +455 +0.13% $51.44 363K Feb 2, 2023 Direct F2, F3
transaction RRBI Common Stock Purchase $4.39K +86 +0.13% $51.01 64.3K Feb 2, 2023 By Kisatchie Industries, LLC, for which Mr. Price serves as Manager. F4
holding RRBI Common Stock 5.95K Jan 31, 2023 By Spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This stock was acquired pursuant to the Issuer's Amended and Restated Director Compensation Program in a transaction exempt from Section 16 under Rule 16b-3(d). Under this Program, non-employee directors may elect in advance to receive shares of common stock in lieu of cash for director fees payable for their attendance at board meetings, at a price per share equal to the closing sales price of the common stock on the Nasdaq Stock Market on the date of issuance (referred to as the "transaction date"). These shares were issued as payment for the reporting person's board meeting fees for the calendar year ending December 31, 2022. The price as shown above reflects the closing sales price of the common stock on the transaction date.
F2 Includes 16,500 shares held in an estate for which Mr. Price serves as executor. Mr. Price is expected to receive ownership of these shares once the estate is settled.
F3 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $50.99 to $51.60, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F4 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $51.00 to $51.45, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.