Jellison Tracie L. 4
4 · RIVERVIEW BANCORP INC · Filed Jul 12, 2022
Insider Transaction Report
Form 4
Jellison Tracie L.
EVP/CRBO
Transactions
- Award
Common Stock
2022-07-08+1,726→ 1,726 total - Award
Common Stock
2022-07-08+5,179→ 6,905 total
Footnotes (2)
- [F1]Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on July 8, 2023, July 8, 2024 and July 8, 2025.
- [F2]Reporting Person was granted an award of performance based restricted stock covering a target of 5,049 shares (the "Target Restricted Stock Number"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on July 8, 2024 and 50% on July 8, 2025, 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, 2022 through March 31, 2023.