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SEVERN BANCORP INC·4

Oct 14, 4:31 PM ET

HYATT ALAN J 4

4 · SEVERN BANCORP INC · Filed Oct 14, 2021

Insider Transaction Report

Form 4

Period: 2021-10-12

SEVERN BANCORP INCSVBI

DirectorPRESIDENT10% Owner

Transactions

Exercise/Conversion
Common Stock
2021-10-12$6.33/sh+20,000$126,600→ 164,269 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-12−12,000→ 8,000 total
Exercise: $7.81Exp: 2023-12-19→ Common Stock (20,000 underlying)
Exercise/Conversion
Common Stock
2021-10-12+12,000→ 192,269 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-12−20,000→ 0 total
Exercise: $6.33Exp: 2021-12-22→ Common Stock (20,000 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-12−16,000→ 4,000 total
Exercise: $7.48Exp: 2022-11-22→ Common Stock (20,000 underlying)
Exercise/Conversion
Common Stock
2021-10-12+16,000→ 180,269 total

Holdings

Common Stock
1,376,564
Common Stock
(indirect: By ESOP)
145,143
Common Stock
(indirect: By Spouse)
7,738

Footnotes (5)

[F1]These shares are jointly owned by Alan J. Hyatt and his spouse, Sharon G. Hyatt.
[F2]Reflects shares allocated to Alan J. Hyatt's ESOP account.
[F3]Options vest over a 5-year period beginning December 22, 2016.
[F4]Options vest over a 5-year period beginning November 22, 2017.
[F5]Options vest over a 5-year period beginning December 19, 2018.

Documents

1 file

4
tm2129678-2_4seq1.xmlPrimary
OWNERSHIP DOCUMENT