Gary B. Langfitt - Jan 21, 2022 Form 4 Insider Report for CASS INFORMATION SYSTEMS INC (CASS)

Role
COO Utilities
Signature
/s/ Gary B. Langfitt
Stock symbol
CASS
Transactions as of
Jan 21, 2022
Transactions value $
-$60,158
Form type
4
Date filed
1/24/2022, 02:46 PM
Previous filing
Dec 14, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASS Common Stock Options Exercise $251K +9.87K +28.05% $25.42 45.1K Jan 21, 2022 Direct F1
transaction CASS Common Stock Disposed to Issuer -$251K -6.47K -14.37% $38.77 38.6K Jan 21, 2022 Direct F1
transaction CASS Common Stock Tax liability -$60.1K -1.55K -4.02% $38.77 37K Jan 21, 2022 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CASS Stock Appreciation Rights Options Exercise $0 -9.87K -100% $0.00* 0 Jan 21, 2022 Common Stock 9.87K $25.42 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock bonus shares, subject to vesting and forfeiture.
F2 Over a three-year vesting period, SARs become exercisable in one-third increments on the anniversary date of the grant.