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4//SEC Filing

Salazar Bryon C. 4

Accession 0001770153-23-000021

CIK 0001071236other

Filed

Jun 11, 8:00 PM ET

Accepted

Jun 12, 9:19 AM ET

Size

7.2 KB

Accession

0001770153-23-000021

Insider Transaction Report

Form 4
Period: 2023-06-08
Salazar Bryon C.
See Remarks
Transactions
  • Sale

    Common Stock

    2023-06-08$54.00/sh540$29,16043,985 total
Holdings
  • Common Stock

    (indirect: By Spouse)
    8,000
Footnotes (3)
  • [F1]Reflects the sale of 540 shares of common stock held directly by the reporting person, as part of a diversification strategy under the terms of a trading plan under Rule 10b5-1 executed on December 2, 2022.
  • [F2]Consists of 34,525 shares in a joint account with the reporting person's spouse, Tammi R. Salazar, and 9,460 shares held directly by the reporting person. Includes 2,660 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 640 shares vest on July 1, 2023; (ii) 160 shares vest on April 1, 2024; (iii) 480 shares vest on July 1, 2024; (iv) 160 shares vest on April 1, 2025; (v) 360 shares vest on July 1, 2025; (vi) 160 shares vest on April 1, 2026; (vii) 240 shares vest on July 1, 2026; (viii) 160 shares vest on April 1, 2027; (ix) 140 shares vest on July 1, 2027; and (x) 160 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
  • [F3]Held directly by the reporting person's spouse, Tammi R. Salazar. Includes 2,660 shares of unvested restricted stock granted to the reporting person's spouse which vest as follows: (i) 640 shares vest on July 1, 2023; (ii) 160 shares vest on April 1, 2024; (iii) 480 shares vest on July 1, 2024; (iv) 160 shares vest on April 1, 2025; (v) 360 shares vest on July 1, 2025; (vi) 160 shares vest on April 1, 2026; (vii) 240 shares vest on July 1, 2026; (viii) 160 shares vest on April 1, 2027; (ix) 140 shares vest on July 1, 2027; and (x) 160 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.

Issuer

RED RIVER BANCSHARES INC

CIK 0001071236

Entity typeother

Related Parties

1
  • filerCIK 0001770153

Filing Metadata

Form type
4
Filed
Jun 11, 8:00 PM ET
Accepted
Jun 12, 9:19 AM ET
Size
7.2 KB