John Lamon - Sep 28, 2021 Form 4 Insider Report for SEVERN BANCORP INC (SVBI)

Role
Director
Signature
John A. Lamon III
Stock symbol
SVBI
Transactions as of
Sep 28, 2021
Transactions value $
$21,878
Form type
4
Date filed
9/28/2021, 04:31 PM
Next filing
Nov 2, 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVBI Common Stock Options Exercise $10.9K +1.6K +2.15% $6.80 75.9K Sep 28, 2021 Direct
transaction SVBI Common Stock Options Exercise $8.52K +1.2K +1.58% $7.10 77.1K Sep 28, 2021 Direct
transaction SVBI Common Stock Options Exercise $2.48K +300 +0.39% $8.26 77.4K Sep 28, 2021 Direct

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 SVBI Employee Stock Option (Right to Buy) Options Exercise -1.6K -80% 400 Sep 28, 2021 Common Stock 2K $6.80 Direct F1
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -1.2K -60% 800 Sep 28, 2021 Common Stock 2K $7.10 Direct F2
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -300 -20% 1.2K Sep 28, 2021 Common Stock 1.5K $8.26 Direct F3
holding SVBI Employee Stock Option (Right to Buy) 1.5K Sep 28, 2021 Common Stock 1.5K $7.10 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest over a 5-year period beginning November 22, 2017.
F2 Options vest over a 5-year period beginning December 19, 2018.
F3 Options vest over a 5-year period beginning February 25, 2021.
F4 Options vest over a 5-year period beginning December 22, 2021