Patricia A. Ferrick - Feb 13, 2023 Form 4 Insider Report for FVCBankcorp, Inc. (FVCB)

Role: President, Director
Signature: Jennifer L. Deacon, Power of Attorney
Stock symbol: FVCB
Transactions as of: Feb 13, 2023
Transactions value $: -$77,707
Form type: 4
Date filed: 2/15/2023, 04:20 PM
Previous filing: Dec 15, 2022
Next filing: Apr 27, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FVCB	Common Stock	Options Exercise	$90K	+15.7K	+12.5%	$5.73	141K	Feb 13, 2023	Direct	F1
transaction	FVCB	Common Stock	Options Exercise	$63K	+11K	+7.77%	$5.73	152K	Feb 13, 2023	Direct	F2
transaction	FVCB	Common Stock	Tax liability	-$77.7K	-5.64K	-3.7%	$13.79	147K	Feb 13, 2023	Direct	F2

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	FVCB	Stock Options	Options Exercise	-$90K	-15.7K	-58.83%	$5.73	11K	Feb 13, 2023	Common Stock	15.7K	$5.73	Direct
transaction	FVCB	Stock Options	Options Exercise	-$63K	-11K	-100%	$5.73	0	Feb 13, 2023	Common Stock	11K	$5.73	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 31, 2023, the Issuer effected a five-for-four stock split in the form of a dividend (the "Stock Split") of all of its issued and outstanding shares of common stock ("Common Stock"), which resulted in the Reporting Person's ownership of issued and outstanding Common Stock being increased from 100,481 shares of Common Stock to 125,601 shares of Common Stock prior to the disclosed transaction.
F2	Reflects 5,635 shares withheld by Issuer at the market price of $13.79 per share less an exercise price of $5.7344 per share to fund cashless exercise of 5,350 options owned by the Reporting Person pursuant to the Issuer's Amended and Restate 2008 Option Plan (the "Plan") and the related Stock Option Award Agreement ("Award Agreement").

Content

On January 31, 2023, the Issuer effected a five-for-four stock split in the form of a dividend (the "Stock Split") of all of its issued and outstanding shares of common stock ("Common Stock"), which resulted in the Reporting Person's ownership of issued and outstanding Common Stock being increased from 100,481 shares of Common Stock to 125,601 shares of Common Stock prior to the disclosed transaction.

Reflects 5,635 shares withheld by Issuer at the market price of $13.79 per share less an exercise price of $5.7344 per share to fund cashless exercise of 5,350 options owned by the Reporting Person pursuant to the Issuer's Amended and Restate 2008 Option Plan (the "Plan") and the related Stock Option Award Agreement ("Award Agreement").