David Morris - Apr 27, 2022 Form 4 Insider Report for RBB Bancorp (RBB)

Role
Interim President/CEO
Signature
/s/ David Morris
Stock symbol
RBB
Transactions as of
Apr 27, 2022
Transactions value $
-$239,999
Form type
4
Date filed
4/28/2022, 09:37 PM
Previous filing
Jan 26, 2022
Next filing
Dec 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBB Common Stock, No Par Value Options Exercise $240K +21.5K +156.25% $11.15 35.3K Apr 27, 2022 Direct
transaction RBB Stock Options Options Exercise -$240K -21.5K -50.28% $11.15 21.3K Apr 27, 2022 Direct

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 RBB Option (right to buy) Options Exercise -$240K -21.5K -63.66% $11.15 12.3K Apr 27, 2022 Common Stock 33.8K $11.15 Direct F1
holding RBB Option (right to buy) 9K Apr 27, 2022 Common Stock 9K $20.55 Direct F2
holding RBB Restricted Stock Units 2.3K Apr 27, 2022 Restricted Stock Units 2.3K $0.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest in three equal annual installments beginning one year after the 01/01/2013 date of grant.
F2 These options vest in three equal annual installments beginning one year after the 01/22/2020 date of grant.
F3 These restricted stock units vest in three equal annual installments beginning one year after the 01/19/2022 date of grant.
F4 There will be no expiration date once restricted stock units vest.

Remarks:

David Morris exercised 21,525 stock options on 4/27/2022.