Cox Daniel D 4
4 · RIVERVIEW BANCORP INC · Filed Aug 28, 2020
Insider Transaction Report
Form 4
Cox Daniel D
EVP, Chief Credit Officer
Transactions
- Award
Common Stock
2020-08-26+2,585→ 24,267 total - Award
Common Stock
2020-08-26+7,755→ 32,022 total
Footnotes (3)
- [F1]Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on August 26, 2021, August 26, 2022 and August 26, 2023.
- [F2]Reporting Person was granted an award of performance based restricted stock covering a target of 7,755 shares (the "Target Restricted Stock Number"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on August 26, 2022 and 50% on August 26, 2023. 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 I, 2020 through March 31, 2021.
- [F3]Reflects 4,272 shares owned indirectly in the Riverview 401(k) Plan and 5,052 shares owned indirectly in Riverview's Employee Stock Ownership Plan.