Harry Madonna - Feb 21, 2023 Form 4 Insider Report for REPUBLIC FIRST BANCORP INC (FRBK)

Role
President, Director
Signature
/s/ Harry Madonna
Stock symbol
FRBK
Transactions as of
Feb 21, 2023
Transactions value $
$0
Form type
4
Date filed
5/22/2023, 10:42 AM
Previous filing
Dec 15, 2022
Next filing
Jan 4, 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FRBK Common Stock Options Exercise +33K +73.5% 77.9K Mar 21, 2023 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 FRBK Restricted Stock Unit Options Exercise $0 -33K -100% $0.00* 0 Mar 21, 2023 Common Stock 33K Direct F1, F2
transaction FRBK Restricted Stock Unit Award $0 +8.5K $0.00 8.5K Feb 21, 2023 Common Stock 8.5K Direct F1, F3
holding FRBK Stock Options 12K Feb 21, 2023 Common Stock 12K $3.68 Direct
holding FRBK Stock Options 100K Feb 21, 2023 Common Stock 100K $3.55 Direct
holding FRBK Stock Options 100K Feb 21, 2023 Common Stock 100K $3.99 Direct
holding FRBK Stock Options 100K Feb 21, 2023 Common Stock 100K $8.00 Direct
holding FRBK Stock Options 100K Feb 21, 2023 Common Stock 100K $8.40 Direct
holding FRBK Stock Options 100K Feb 21, 2023 Common Stock 100K $6.60 Direct
holding FRBK Stock Options 100K Feb 21, 2023 Common Stock 100K $3.01 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock or cash upon vesting at the election of the Issuer.
F2 Restricted stock units vest 100% on March 21, 2023.
F3 Restricted stock units vest 100% on February 21, 2024.