G. Bridges Hall IV - Apr 1, 2023 Form 4 Insider Report for RED RIVER BANCSHARES INC (RRBI)

Role
Senior Vice President, Chief Credit Policy Officer of Red River Bank
Signature
/s/ Julia E. Callis, as Attorney-in-Fact
Stock symbol
RRBI
Transactions as of
Apr 1, 2023
Transactions value $
$0
Form type
4
Date filed
4/3/2023, 02:54 PM
Previous filing
Feb 8, 2023
Next filing
Apr 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RRBI Common Stock Award $0 +500 +9.52% $0.00 5.75K Apr 1, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 500 shares of unvested restricted stock granted to the reporting person on April 1, 2023 that will vest in equal installments on each of the first five anniversaries of the grant date. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
F2 Reflects 1,790 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 420 shares vest on July 1, 2023; (ii) 100 shares vest on April 1, 2024; (iii) 330 shares vest on July 1, 2024; (iv) 100 shares vest on April 1, 2025; (v) 260 shares vest on July 1, 2025; (vi) 100 shares vest on April 1, 2026; (vii) 190 shares vest on July 1, 2026; (viii) 100 shares vest on April 1, 2027; (ix) 90 shares vest on July 1, 2027; and (x) 100 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.

Remarks:

Senior Vice President, Chief Credit Policy Officer of Red River Bank