Johnny Lee - Mar 20, 2025 Form 4 Insider Report for RBB Bancorp (RBB)

Role
President/CEO, Director
Signature
/s/ Johnny Lee
Stock symbol
RBB
Transactions as of
Mar 20, 2025
Transactions value $
$30,043
Form type
4
Date filed
3/24/2025, 01:41 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 Award $46.8K +2.74K +65.53% $17.07 6.92K Mar 21, 2025 Direct
transaction RBB Common Stock, No Par Value Tax liability -$16.7K -981 -14.17% $17.07 5.94K 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 -2.74K -34.16% $0.00 5.28K Mar 21, 2025 Restricted Stock Units 8.22K $0.00 Direct F2, F4
holding RBB Restricted Stock Units 2.2K Mar 20, 2025 Restricted Stock Units 2.2K $0.00 Direct F2, F3
holding RBB Restricted Stock Units 11K Mar 20, 2025 Restricted Stock Units 11K $0.00 Direct F1, F2
holding RBB Performance Stock Units 12.3K Mar 20, 2025 Performance Stock Units 12.3K $0.00 Direct F2, F5
* 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 07/20/2023 date of grant.
F2 There will be no expiration date once restricted stock units vest.
F3 These restricted stock units vest in three equal annual installments beginning one year after the 02/21/2024 date of grant.
F4 These restricted stock units vest in three equal annual installments beginning one year after the 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.