Thomas X. Geisel - 02 Jan 2024 Form 4 Insider Report for REPUBLIC FIRST BANCORP INC

Reporting relationship: President and CEO, Director
Issuer ticker: N/A
Reported as of: 02 Jan 2024
Net transaction value: +$740,000
SEC form: 4
Accepted by SEC: 04 Jan 2024, 16:16:13 UTC
Prior SEC filing: 29 Aug 2023
Next SEC filing: 18 Nov 2025
Source filing: View source filing
Reporting owner signature: /s/ Scott A. Brown, pursuant to power of attorney

Key filing fact

Thomas X. Geisel filed Form 4 for REPUBLIC FIRST BANCORP INC on 04 Jan 2024.

Key facts

This page summarizes Thomas X. Geisel's Form 4 filing for REPUBLIC FIRST BANCORP INC.
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 04 Jan 2024, 16:16.

Change

Previous filing in this sequence was filed on 29 Aug 2023.
Current net transaction value: +$740,000.

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.

FRBK holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,902,337
Date: 02 Jan 2024
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

FRBK transaction Derivative

Restricted Stock Unit

Award

Transaction value: $740,000
Shares
Change %
Price
Shares after: 740,000
Date: 02 Jan 2024
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 740,000
Exercise price
Footnotes: F3, F4

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote F1

Includes shares of restricted stock which vest in four equal installments, subject the achievement of certain stock price targets during the three-year performance period beginning January 1, 2023 and ending December 31, 2025.

Footnote F2

Restricted stock units vest at a rate of 1/3 per year commencing August 25, 2024.

Footnote F3

Restricted stock units convert into common stock or cash upon vesting at the election of the Issuer.

Footnote F4

Restricted stock units vest at a rate of 1/3 per year commencing January 2, 2025.