Clark Nelson - Jul 20, 2023 Form 4 Insider Report for Affinity Bancshares, Inc. (AFBI)

Role
EVP and CCO
Signature
/s/ Ned A. Quint, pursuant to power of attorney
Stock symbol
AFBI
Transactions as of
Jul 20, 2023
Transactions value $
-$6,488
Form type
4
Date filed
7/24/2023, 12:23 PM
Previous filing
May 1, 2023
Next filing
Nov 20, 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AFBI Common Stock Tax liability -$6.49K -555 -2.67% $11.69 20.3K Jul 20, 2023 Direct F1, F2
holding AFBI Common Stock 1K Jul 20, 2023 By IRA
holding AFBI Common Stock 2.3K Jul 20, 2023 By ESOP F6

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 AFBI Stock Options 7.5K Jul 20, 2023 Common Stock 7.5K $14.40 Direct F5
holding AFBI Stock Options 5K Jul 20, 2023 Common Stock 5K $14.85 Direct F4
holding AFBI Stock Options 22.7K Jul 20, 2023 Common Stock 22.7K $7.77 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes shares of restricted stock which vest at a rate of 20% per year commencing on April 30, 2021.
F2 Includes shares of restricted stock which vest at a rate of 20% per year commencing on July 1, 2023.
F3 Stock options vest at a rate of 20% per year commencing on April 30, 2021.
F4 Stock options vest at a rate of 20% per year commencing on July 1, 2023.
F5 Stock options vest at a rate of 33% per year commencing on March 21, 2024.
F6 Reflects transaction not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.