LeeAnn Weber - 14 May 2021 Form 3 Insider Report for GRANDSOUTH BANCORPORATION (GRRB)

Role
Director
Signature
/s/Nelson Mullins Riley & Scarborough LLP as POA for LeeAnn Weber
Issuer symbol
GRRB
Transactions as of
14 May 2021
Transactions value $
$0
Form type
3
Filing time
14 May 2021, 16:16:46 UTC
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding GRRB Common Stock 22,768 14 May 2021 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
holding GRRB Stock Option 14 May 2021 Common Stock 10,000 $20.9 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Granted pursuant to the 2019 Stock Option Plan. The shares subject to this option vest and are exercisable as follows: 20% on each April 21, 2022, 2023, 2024, 2025, and 2026.

Remarks:

Exhibit Index: Exhibit 24.1, Power of Attorney.