Michael G. Nassy - Mar 24, 2023 Form 4 Insider Report for FVCBankcorp, Inc. (FVCB)

Signature
Jennifer L. Deacon, Power of Attorney
Stock symbol
FVCB
Transactions as of
Mar 24, 2023
Transactions value $
-$6,867
Form type
4
Date filed
3/28/2023, 05:28 PM
Previous filing
Jun 27, 2022
Next filing
Jun 2, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FVCB Common Stock Tax liability -$6.87K -591 -1.56% $11.62 37.3K Mar 24, 2023 Direct F1, F2
* 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 30,336 shares of Common Stock to 37,920 shares of Common Stock prior to the disclosed transaction.
F2 The Reporting Person elected to pay for a tax liability by withholding securities incident to the vesting of a security (i.e., restricted stock unit awards) based on a market price of $11.62 and issued in accordance with Rule 16b-3.