David Morris - Jan 21, 2025 Form 4 Insider Report for RBB Bancorp (RBB)

Role
CEO, Director
Signature
/s/ David Morris
Stock symbol
RBB
Transactions as of
Jan 21, 2025
Transactions value $
$39,859
Form type
4
Date filed
1/22/2025, 07:31 PM
Previous filing
Nov 14, 2024
Next filing
Feb 25, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RBB Common Stock, No Par Value Options Exercise $52.3K +2.6K +6.9% $20.09 40.3K Jan 21, 2025 Direct
transaction RBB Common Stock, No Par Value Tax liability -$21.5K -1.07K -2.65% $20.09 39.3K Jan 21, 2025 Direct
transaction RBB Common Stock, No Par Value Options Exercise $15.4K +767 +1.95% $20.09 40K Jan 21, 2025 Direct
transaction RBB Common Stock, No Par Value Tax liability -$6.35K -316 -0.79% $20.09 39.7K Jan 21, 2025 Direct

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 RBB Restricted Stock Units Options Exercise $0 -767 -100% $0.00 0 Jan 21, 2025 Restricted Stock Units 767 $0.00 Direct F1, F2
transaction RBB Restricted Stock Units Options Exercise $0 -2.6K -50% $0.00 2.6K Jan 21, 2025 Restricted Stock Units 5.2K $0.00 Direct F2, F3
holding RBB Restricted Stock Units 6.68K Jan 21, 2025 Restricted Stock Units 6.68K $0.00 Direct F2, F4
holding RBB Restricted Stock Units 9.49K Jan 21, 2025 Restricted Stock Units 9.49K $0.00 Direct F2, F5
holding RBB Performance Stock Units 14.2K Jan 21, 2025 Performance Stock Units 14.2K $0.00 Direct F2, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units vest in three equal annual installments beginning one year after the 01/19/2022 date of grant.
F2 There will be no expiration date once restricted stock units vest.
F3 These restricted stock units vest in three equal installments beginning one year after 01/18/2023 date of grant.
F4 These restricted stock units vest in three equal installments beginning one year after 02/21/2024 date of grant.
F5 These restricted stock units vest in three equal installments beginning one year after 03/20/2024 date of grant.
F6 These performance stock units ("PSUs") will vest conditionally on the achievement of certain performance goals and an employment condition. The reported PSUs will vest at the expiration of a three-year period beginning on 03/20/2024 subject to the Reporting Person's satisfaction of the employment condition.

Remarks:

Shares issued for vesting of 1/18/2023 and 1/19/2022 RSU grants and shares disposed in settlement of tax withholding obligations for such RSU vestings.