Gary Fan - Mar 20, 2025 Form 4 Insider Report for RBB Bancorp (RBB)

Role
EVP/Chief Operations Officer
Signature
/s/ Gary Fan
Stock symbol
RBB
Transactions as of
Mar 20, 2025
Transactions value $
$14,612
Form type
4
Date filed
3/24/2025, 01:40 PM
Previous 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 $22.4K +1.32K +221.01% $17.07 1.91K Mar 21, 2025 Direct
transaction RBB Common Stock, No Par Value Tax liability -$7.84K -459 -24.03% $17.07 1.45K Mar 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 -1.32K -33.34% $0.00 2.63K Mar 21, 2025 Restricted Stock Units 3.94K $0.00 Direct F3, F4
holding RBB Options 18K Mar 20, 2025 Stock Options 18K $21.17 Direct F1
holding RBB Restricted Stock Units 2.02K Mar 20, 2025 Restricted Stock Units 2.02K $0.00 Direct F2, F3
holding RBB Performance Stock Units 5.92K Mar 20, 2025 Performance Stock Units 5.92K $0.00 Direct F3, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These options vest in five equal annual installments beginning one year after the 12/05/2022 date of grant.
F2 These restricted stock units vest in three equal installments beginning one year after 02/21/2024 date of grant.
F3 There will be no expiration date once restricted stock units vest.
F4 These restricted stock units vest in three equal installments beginning one year after 03/20/2024 date of grant.
F5 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 3/20/2024 RSU grant and shares disposed in settlement of tax withholding obligations for such RSU vesting.