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SEVERN BANCORP INC·4

Oct 26, 5:12 PM ET

Lancaster Alan 4

4 · SEVERN BANCORP INC · Filed Oct 26, 2021

Insider Transaction Report

Form 4

Period: 2021-10-25

SEVERN BANCORP INCSVBI

Chief Credit Officer

Transactions

Exercise/Conversion
Common Stock
2021-10-25$7.10/sh+4,800$34,080→ 17,600 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-25−4,800→ 3,200 total
Exercise: $7.10Exp: 2023-12-19→ Common Stock (8,000 underlying)
Exercise/Conversion
Common Stock
2021-10-25$5.75/sh+5,000$28,750→ 6,400 total
Exercise/Conversion
Common Stock
2021-10-25$6.80/sh+6,400$43,520→ 12,800 total
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-25−5,000→ 0 total
Exercise: $5.75Exp: 2021-12-22→ Common Stock (5,000 underlying)
Exercise/Conversion
Employee Stock Option (Right to Buy)
2021-10-25−6,400→ 1,600 total
Exercise: $6.80Exp: 2022-11-22→ Common Stock (8,000 underlying)

Footnotes (3)

[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.

Documents

1 file

4
tm2130802-2_4seq1.xmlPrimary
OWNERSHIP DOCUMENT