Form 4 for RRBI RED RIVER BANCSHARES INC
Accepted 2023-05-25 00:00:00 ET · period of report 2023-05-23 · accession 0001770154-23-000016 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| I | 2023-05-25 | 2023-05-23 | RRBI | Salazar Tammi R. | See Remarks | S - Sale | $52.00 | -1,215 | 13.5K | -8% | -$63.2K |
| 2023-05-25 | 2023-05-23 | RRBI | Salazar Tammi R. | See Remarks | S - Sale | $52.00 | -900 | 47.2K | -2% | -$46.8K |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2023-05-23 | S | D | 1,215 | $52.00 | 13,531 | I | — | — | (F3) Reflects the sale of 1,215 shares of common stock held directly by the reporting person's spouse as part of a diversification strategy, under the terms of a trading plan under Rule 10b5-1. (F4) Held directly by the reporting person's spouse, Bryon C. Salazar. Includes 2,660 shares of unvested restricted stock granted to the reporting person's spouse which vest as follows: (i) 640 shares vest on July 1, 2023; (ii) 160 shares vest on April 1, 2024; (iii) 480 shares vest on July 1, 2024; (iv) 160 shares vest on April 1, 2025; (v) 360 shares vest on July 1, 2025; (vi) 160 shares vest on April 1, 2026; (vii) 240 shares vest on July 1, 2026; (viii) 160 shares vest on April 1, 2027; (ix) 140 shares vest on July 1, 2027; and (x) 160 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |
| 2 | Common | Common Stock | 2023-05-23 | S | D | 900 | $52.00 | 47,217 | D By Spouse | — | — | (F1) Reflects the sale of 900 shares of common stock held directly by the reporting person as part of a diversification strategy, under the terms of a trading plan under Rule 10b5-1. (F2) Consists of 34,525 shares in a joint account with the reporting person's spouse, Bryon C. Salazar, and 12,692 shares held directly by the reporting person. Includes 2,660 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 640 shares vest on July 1, 2023; (ii) 160 shares vest on April 1, 2024; (iii) 480 shares vest on July 1, 2024; (iv) 160 shares vest on April 1, 2025; (v) 360 shares vest on July 1, 2025; (vi) 160 shares vest on April 1, 2026; (vii) 240 shares vest on July 1, 2026; (viii) 160 shares vest on April 1, 2027; (ix) 140 shares vest on July 1, 2027; and (x) 160 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |