Thomas A. Broughton - 29 Jan 2024 Form 4 Insider Report for ServisFirst Bancshares, Inc. (SFBS)

Signature
Davis Mange, Attorney-In-Fact
Issuer symbol
SFBS
Transactions as of
29 Jan 2024
Transactions value $
$0
Form type
4
Filing time
31 Jan 2024, 17:18:04 UTC
Previous filing
08 May 2023
Next filing
23 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SFBS Common Stock Award $0 +12.4K +4.77% $0.00 272K 29 Jan 2024 Direct F4
transaction SFBS Common Stock Award $0 +5.74K +2.11% $0.00 278K 29 Jan 2024 Direct F3, F5
holding SFBS Common Stock 55.1K 29 Jan 2024 By Wife
holding SFBS Common Stock 498K 29 Jan 2024 TAB2, LLC F1, F2
holding SFBS Common stock 2.78K 29 Jan 2024 By 401(k) Plan
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares are held by a GRAT for the benefit of Mr. Broughton's children, for which Mr. Broughton Retains the power of substitution.
F2 Does not include 190,000 shares held by TAB2, LLC and 300,000 shares held by TAB3, LLC, which are managed by a third party manager.
F3 Includes 12,352 shares of restricted stock.
F4 Shares of performance stock awards that vested 1/29/2024. The performance award amount was determined based on total shareholder return from 1/1/21 to 12/31/23 relative to total shareholder return of a group of peers.
F5 Shares of time based restricted stock awards which vest ratably over 3 years from the date awarded, 1/29/2024.