Daniel R. Sheehan - 03 Jan 2022 Form 4 Insider Report for Professional Holding Corp.

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: N/A
Reported as of: 03 Jan 2022
Net transaction value: +$570,868
SEC form: 4
Accepted by SEC: 05 Jan 2022, 18:32:06 UTC
Prior SEC filing: 06 Dec 2021
Source filing: View source filing
Reporting owner signature: Michael C. Sontag, as attorney in fact

Key filing fact

Daniel R. Sheehan filed Form 4 for Professional Holding Corp. on 05 Jan 2022.

Key facts

This page summarizes Daniel R. Sheehan's Form 4 filing for Professional Holding Corp..
3 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 05 Jan 2022, 18:32.

Change

Previous filing in this sequence was filed on 06 Dec 2021.
Current net transaction value: +$570,868.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

PFHD transaction

Class A Common

Tax liability

Transaction value: $54,434
Shares: -2,841
Change %: -3.7%
Price: $19.16^*
Shares after: 74,159
Date: 03 Jan 2022
Ownership: Direct
Footnotes: F1

PFHD transaction

Class A Common

Award

Transaction value: $687,750
Shares: +35,000
Change %: +47%
Price: $19.65^*
Shares after: 109,159
Date: 05 Jan 2022
Ownership: Direct
Footnotes: F2

PFHD transaction

Class A Common

Tax liability

Transaction value: $62,449
Shares: -3,219
Change %: -2.9%
Price: $19.40^*
Shares after: 105,940
Date: 05 Jan 2022
Ownership: Direct
Footnotes: F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

This amount represents shares of Class A Common Stock withheld to satisfy tax obligations in connection with the vesting of 11,667 shares of restricted Class A Common Stock granted on 12/31/19.

Footnote F2

This amount represents 35,000 shares of restricted Class A Common Stock granted and issued under Professional Holding Corp.'s 2019 Equity Incentive Plan. The grant vests in three annual installments commencing 01/05/22. The closing market price on the date of the grant was $19.65.

Footnote F3

This amount represents shares of Class A Common Stock withheld to satisfy tax obligations in connection with the vesting of 11,667 shares of restricted Class A Common Stock granted on 01/04/21.