Dwight D. Erdbruegger - 27 Jan 2022 Form 4 Insider Report for CASS INFORMATION SYSTEMS INC (CASS)

Role
President
Signature
/s/ Dwight D. Erdbruegger
Issuer symbol
CASS
Transactions as of
27 Jan 2022
Transactions value $
-$38,825
Form type
4
Filing time
31 Jan 2022, 15:50:51 UTC
Previous filing
28 Jul 2021
Next filing
30 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CASS Common Stock Award $0 +2,246 +32.72% $0 9,111 27 Jan 2022 Direct F1, F2
transaction CASS Common Stock Tax liability -$21,640 -539 -5.92% $40.15 8,572 28 Jan 2022 Direct F2
transaction CASS Common Stock Award $0 +1,222 +14.26% $0 9,794 28 Jan 2022 Direct F2, F3
transaction CASS Common Stock Tax liability -$17,184 -428 -4.37% $40.15 9,366 28 Jan 2022 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grant of restricted stock units under the Amended and Restated Omnibus Stock and Performance Compensation Plan. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. The restricted stock units are scheduled to cliff vest in three years.
F2 Includes restricted stock bonus shares, subject to vesting and forfeiture.
F3 The shares were acquired upon the satisfaction of applicable performance conditions.