| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | RRBI | Common Stock | Sale | -$2.37K | -43 | -1.54% | $55.02 | 2.76K | Nov 28, 2022 | By 401(k) | F1, F2, F3 |
| transaction | RRBI | Common Stock | Sale | -$2.37K | -43 | -1.54% | $55.02 | 2.76K | Nov 28, 2022 | By Spouse's 401(k) | F2, F4, F5 |
| holding | RRBI | Common Stock | 58.2K | Nov 28, 2022 | Direct | F6 | |||||
| holding | RRBI | Common Stock | 7.3K | Nov 28, 2022 | By Spouse | F7 |
| Id | Content |
|---|---|
| F1 | Reflects the sale of 43 shares of common stock from the reporting person's 401(k) account as part of a diversification strategy. |
| F2 | This transaction was executed in multiple trades at prices ranging from $55.00 to $55.03, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
| F3 | These shares were previously reported as directly held and are now being reported as indirectly held through the reporting person's 401(k) plan. |
| F4 | Reflects the sale of 43 shares of common stock from the reporting person's spouse's 401(k) account as part of a diversification strategy. |
| F5 | These shares were previously reported as directly held by the reporting person's spouse and are now being reported as indirectly held through the reporting person's spouse's 401(k) plan. |
| F6 | Consists of 47,925 shares in a joint account with the reporting person's spouse, Bryon C. Salazar, and 10,300 shares held directly by the reporting person. Includes 1,860 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 640 shares vest on July 1, 2023; (ii) 480 shares vest on July 1, 2024; (iii) 360 shares vest on July 1, 2025; (iv) 240 shares vest on July 1, 2026; and (v) 140 shares vest on July 1, 2027. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |
| F7 | Held directly by the reporting person's spouse, Bryon C. Salazar. Includes 1,860 shares of unvested restricted stock granted to the reporting person's spouse which vest as follows: (i) 640 shares vest on July 1, 2023; (ii) 480 shares vest on July 1, 2024; (iii) 360 shares vest on July 1, 2025; (iv) 240 shares vest on July 1, 2026; and (v) 140 shares vest on July 1, 2027. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |
Executive Vice President and Chief Operating Officer of Red River Bank