Justin M. Long - 15 Mar 2023 Form 4 Insider Report for Stellar Bancorp, Inc. (STEL)

Signature
/s/ Justin M. Long
Issuer symbol
STEL
Transactions as of
15 Mar 2023
Net transactions value
$0
Form type
4
Filing time
17 Mar 2023, 16:46:30 UTC
Previous filing
04 Oct 2022
Next filing
03 Oct 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction STEL Common Stock Award $0 +17,128 +90% $0.000000 36,242 15 Mar 2023 Direct F1
transaction STEL Common Stock Award $0 +4,441 +12% $0.000000 40,683 15 Mar 2023 Direct F2
transaction STEL Common Stock Award $0 +8,883 +22% $0.000000 49,566 15 Mar 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted shares of Common Stock, which vest in approximately equal installments on October 1, 2023, 2024 and 2025, subject to continued employment with the issuer on such date.
F2 Represents restricted shares of Common Stock, which vest in approximately equal installments on March 15, 2024, 2025 and 2026, subject to continued employment with the issuer on such date.
F3 Represents award of performance-based restricted stock subject to time and performance vesting conditions.