James E. Beckwith - Jan 20, 2022 Form 4 Insider Report for FIVE STAR BANCORP (FSBC)

Role
SVP & Chief Executive Officer, Director
Signature
s/ James E. Beckwith, by Heather C. Luck, Attorney-in-Fact
Stock symbol
FSBC
Transactions as of
Jan 20, 2022
Transactions value $
$0
Form type
4
Date filed
1/24/2022, 03:36 PM
Previous filing
May 25, 2021
Next filing
Mar 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FSBC Common Stock Gift $0 -1K -4.51% $0.00 21.2K Nov 10, 2021 Direct F1
transaction FSBC Common Stock Gift $0 -1K -4.72% $0.00 20.2K Nov 10, 2021 Direct F2
transaction FSBC Common Stock Gift $0 -1K -4.96% $0.00 19.2K Nov 10, 2021 Direct F3
transaction FSBC Common Stock Gift $0 +1K $0.00 1K Nov 10, 2021 By daughter F1, F4
transaction FSBC Common Stock Gift $0 +1K $0.00 1K Nov 10, 2021 By son F2, F4
transaction FSBC Common Stock Gift $0 +1K $0.00 1K Nov 10, 2021 By son F3, F4
transaction FSBC Common Stock Award $0 +3.56K +0.74% $0.00 485K Jan 20, 2022 By self as trustee F5, F6
holding FSBC Common Stock 0 Jan 20, 2022 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction involved a gift of securities by Mr. Beckwith, the reporting person, to his daughter.
F2 This transaction involved a gift of securities by Mr. Beckwith to his son.
F3 This transaction involved a gift of securities by Mr. Beckwith to his son.
F4 Mr. Beckwith disclaims ownership of these securities, and this report shall not be deemed an admission that Mr. Beckwith is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
F5 Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan. One-third of the award of restricted stock vested immediately upon grant, with the remaining two-thirds to vest in equal annual installments over two years on January 1st of each year, provided Mr. Beckwith remains employed by Five Star Bancorp on the respective vesting dates.
F6 Shares are held by the Beckwith Family Trust dated April 10, 1998, for which Mr. Beckwith serves as a trustee. Consists of 1,631 shares of unvested stock awards which are scheduled to vest on January 1, 2023 (previously reported in error as 172 shares), provided he remains employed by Five Star Bancorp on the vesting date, and 2,988 shares which vested on January 1, 2022 (previously reported in error as 344 shares). Also consists of 45,000 shares which were granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan and are scheduled to vest in equal annual installments over a seven-year period, provided Mr. Beckwith remains employed by Five Star Bancorp on the respective vesting dates. Includes 19,178 shares previously held directly by Mr. Beckwith which were transferred to the Beckwith Family Trust dated April 10, 1998 on November 20, 2021, and are now held indirectly by Mr. Beckwith.
F7 All remaining shares previously held directly by Mr. Beckwith and included in his prior ownership reports were transferred to the Beckwith Family Trust dated April 10, 1998 on November 20, 2021.