LYCKLAMA KEVIN J 4
4 · RIVERVIEW BANCORP INC · Filed Jun 20, 2019
Insider Transaction Report
Form 4
LYCKLAMA KEVIN J
Chief Financial Officer
Transactions
- Award
Common Stock
2019-06-18+18,324→ 174,643 total - Award
Common Stock
2019-06-18+21,078→ 152,247 total - Award
Common Stock
2019-06-18+4,072→ 156,319 total
Footnotes (4)
- [F1]Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan, 50% of which vest on June 18, 2020 and June 18, 2021, respectively.
- [F2]Reflects 53,592 shares owned indirectly in the Riverview 401(k) Plan and 4,702 shares owned indirectly in Riverview's Employee Stock Ownership Plan.
- [F3]Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on June 18, 2020, June 18, 2021 and June 18, 2022.
- [F4]Reporting Person was granted an award of performance based restricted stock covering a target of 18,324 shares (the "Target Restricted Stock Number'"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on June 18, 2021 and 50% on June 18, 2022, subject to continued service requirements through such date. In addition, the number of shares subject to the restricted stock may be decreased down to 0% of the Target Restricted Stock Number, based on attainment of specified levels of the Company's total Earnings Per Share over the period of April 1,2019 through March 31, 2020.