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

Role
EVP-Lending
Signature
/s/ Ned A. Quint, pursuant to power of attorney
Issuer symbol
AFBI
Transactions as of
20 Jul 2023
Net transactions value
-$3,250
Form type
4
Filing time
24 Jul 2023, 12:25:17 UTC
Previous filing
01 May 2023
Next filing
20 Nov 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 $3,250 -278 -1.4% $11.69 20,302 20 Jul 2023 Direct F1, F2
holding AFBI Common Stock 1,100 20 Jul 2023 By Spouse
holding AFBI Common Stock 12,000 20 Jul 2023 By IRA
holding AFBI Common Stock 18,000 20 Jul 2023 By Spouse's IRA
holding AFBI Common Stock 2,301 20 Jul 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 5,000 20 Jul 2023 Common Stock 5,000 $14.40 Direct F5
holding AFBI Stock Options 5,000 20 Jul 2023 Common Stock 5,000 $14.85 Direct F4
holding AFBI Stock Options 22,671 20 Jul 2023 Common Stock 22,671 $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 20% 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.