GARY B. LANGFITT - 21 Jan 2022 Form 4 Insider Report for CASS INFORMATION SYSTEMS INC (CASS)

Role
COO Utilities
Signature
/s/ Gary B. Langfitt
Issuer symbol
CASS
Transactions as of
21 Jan 2022
Transactions value $
-$60,158
Form type
4
Filing time
24 Jan 2022, 14:46:59 UTC
Previous filing
14 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASS Common Stock Options Exercise $250,971 +9,873 +28.05% $25.42 45,065 21 Jan 2022 Direct F1
transaction CASS Common Stock Disposed to Issuer -$250,996 -6,474 -14.37% $38.77 38,591 21 Jan 2022 Direct F1
transaction CASS Common Stock Tax liability -$60,132 -1,551 -4.02% $38.77 37,040 21 Jan 2022 Direct F1

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 CASS Stock Appreciation Rights Options Exercise $0 -9,873 -100% $0* 0 21 Jan 2022 Common Stock 9,873 $25.42 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock bonus shares, subject to vesting and forfeiture.
F2 Over a three-year vesting period, SARs become exercisable in one-third increments on the anniversary date of the grant.