Keitz Eric 4
4 · SEVERN BANCORP INC · Filed Jul 27, 2021
Insider Transaction Report
Form 4
Keitz Eric
Director
Transactions
- Exercise/Conversion
Common Stock
2021-07-27$5.75/sh+2,000$11,500→ 42,000 total - Exercise/Conversion
Common Stock
2021-07-27$7.10/sh+4,000$28,400→ 46,000 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F6]2021-07-27−2,000→ 0 totalExercise: $5.75Exp: 2021-12-22→ Common Stock (2,000 underlying) - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F5]2021-07-27−4,000→ 12,000 totalExercise: $7.10Exp: 2023-08-23→ Common Stock (16,000 underlying)
Holdings
- 1,500
Employee Stock Option (Right to Buy)
[F4]Exercise: $7.10Exp: 2026-12-22→ Common Stock (1,500 underlying) - 2,000
Employee Stock Option (Right to Buy)
[F1]Exercise: $6.80Exp: 2022-11-22→ Common Stock (2,000 underlying) - 4,000
Employee Stock Option (Right to Buy)
[F2]Exercise: $7.10Exp: 2023-12-19→ Common Stock (4,000 underlying) - 1,500
Employee Stock Option (Right to Buy)
[F3]Exercise: $8.26Exp: 2026-02-25→ Common Stock (1,500 underlying)
Footnotes (6)
- [F1]Options vest over a 5-year period beginning November 22, 2017.
- [F2]Options vest over a 5-year period beginning December 19, 2018.
- [F3]Options vest over a 5-year period beginning February 25, 2021.
- [F4]Options vest over a 5-year period beginning December 22, 2021
- [F5]Options vest over a 5-year period beginning August 23, 2018.
- [F6]These stock options were granted on December 22, 2015, and vested and became exercisable in five equal installments on the first five anniversaries of the grant date.
Signature
Eric M. Keitz|2021-07-27