NICHOLAS BUSTLE - 09 Dec 2022 Form 4 Insider Report for USCB FINANCIAL HOLDINGS, INC. (USCB)

Role
EVP and Chief Lending Officer
Signature
/s/ Nicholas Bustle
Issuer symbol
USCB
Transactions as of
09 Dec 2022
Transactions value $
$42,470
Form type
4
Filing time
13 Dec 2022, 12:28:53 UTC
Next filing
10 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction USCB Class A Voting Common Stock Purchase $12,890 +1,000 +16% $12.89 7,250 09 Dec 2022 Direct
transaction USCB Class A Voting Common Stock Purchase $9,817 +770 +10% $12.75 8,270 09 Dec 2022 By daughters
transaction USCB Class A Voting Common Stock Purchase $19,762 +1,550 +19% $12.75 9,820 12 Dec 2022 By daughters
holding USCB Class A Voting Common Stock 6,250 09 Dec 2022 By spouse

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
holding USCB Stock Option (Right to Buy) 30,000 09 Dec 2022 Common Stock 30,000 $11.35 Direct F1, F2
holding USCB Stock Option (Right to Buy) 40,000 09 Dec 2022 Common Stock 40,000 $12.05 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The stock options vest at the rate of one-third per year commencing on April 17, 2020.
F2 The stock options remain exercisable until the earlier of (i) 10 years after the date of grant or (ii) three months after the Reporting Person ceases to be employed by the Issuer.
F3 The stock options vest at the rate of one-third per year commencing on September 27, 2022.