Jones David S. 4

4 · SEVERN BANCORP INC · Filed Oct 8, 2021

Form 4

Period: 2021-10-06

Director

Transactions

Exercise/Conversion
Common Stock
2021-10-06$6.80/sh+1,600$10,880→ 5,600 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-06−1,600→ 400 total
Exercise: $6.80Exp: 2022-11-22→ Common Stock (2,000 underlying)
Exercise/Conversion
Common Stock
2021-10-06$8.26/sh+300$2,478→ 7,100 total
Exercise/Conversion
Common Stock
2021-10-06$7.10/sh+1,200$8,520→ 6,800 total
Exercise/Conversion
Common Stock
2021-10-06$5.75/sh+2,000$11,500→ 4,000 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-06−2,000→ 0 total
Exercise: $5.75Exp: 2021-12-22→ Common Stock (2,000 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-06−1,200→ 800 total
Exercise: $7.10Exp: 2023-12-19→ Common Stock (2,000 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-06−300→ 1,200 total
Exercise: $8.26Exp: 2026-02-25→ Common Stock (1,500 underlying)

Holdings

Common Stock
(indirect: By Children)
17,287
Common Stock
(indirect: By Trust)
4,089
Employee Stock Option (Right to Buy)
Exercise: $7.10Exp: 2026-12-22→ Common Stock (1,500 underlying)
1,500
Common Stock
(indirect: By Company)
27,699
Common Stock
(indirect: By LLC)
16,619

Footnotes (7)

[F1]Options vest over a 5-year period beginning December 22, 2016.
[F2]Options vest over a 5-year period beginning November 22, 2017.
[F3]Options vest over a 5-year period beginning December 19, 2018.
[F4]Options vest over a 5-year period beginning February 25, 2021.
[F5]Options vest over a 5-year period beginning December 22, 2021.
[F6]Shares owned by Southern Drywell, Inc., of which Mr. Jones has a 50% interest as a co-owner.
[F7]Shares owned by Sonne Capital LLC, of which Mr. Jones is a 20% owner of with his sons and brother

Documents

1 file