Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | RRBI | Common Stock | Sale | -$2.5K | -48 | -0.09% | $52.00 | 54.5K | Feb 23, 2023 | Direct | F1, F2 |
transaction | RRBI | Common Stock | Sale | -$9.2K | -177 | -2.54% | $52.00 | 6.79K | Feb 23, 2023 | By Spouse | F3, F4 |
Id | Content |
---|---|
F1 | Reflects the sale of 48 shares of common stock held directly by the reporting person as part of a diversification strategy, under the terms of a trading plan under Rule 10b5-1. |
F2 | Consists of 49,525 shares in a joint account with the reporting person's spouse, Tammi R. Salazar, and 4,946 shares held directly by the reporting person. Includes 1,860 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 640 shares vest on July 1, 2023; (ii) 480 shares vest on July 1, 2024; (iii) 360 shares vest on July 1, 2025; (iv) 240 shares vest on July 1, 2026; and (v) 140 shares vest on July 1, 2027. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |
F3 | Reflects the sale of 177 shares of common stock held directly by the reporting person's spouse as part of a diversification strategy, under the terms of a trading plan under Rule 10b5-1. |
F4 | Held directly by the reporting person's spouse, Tammi R. Salazar. Includes 1,860 shares of unvested restricted stock which vest as follows: (i) 640 shares vest on July 1, 2023, (ii) 480 shares vest on July 1, 2024; (iii) 360 shares vest on July 1, 2025; (iv) 240 shares vest on July 1, 2026; and (v) 140 shares vest on July 1, 2027. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |
Executive Vice President, Chief Lending Officer and Director of Red River Bank