Salazar Bryon C. 4
4 · RED RIVER BANCSHARES INC · Filed Mar 11, 2024
Insider Transaction Report
Form 4
Salazar Bryon C.
See Remarks
Transactions
- Sale
Common Stock
2024-03-07$50.25/sh−22$1,106→ 42,303 total
Holdings
- 4,926(indirect: By Spouse)
Common Stock
Footnotes (3)
- [F1]Reflects the sale of 22 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 November 3, 2023.
- [F2]Consists of 36,125 shares in a joint account with the reporting person's spouse, Tammi R. Salazar, and 6,178 shares held directly by the reporting person. Includes 2,020 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 160 shares vest on April 1, 2024; (ii) 480 shares vest on July 1, 2024; (iii) 160 shares vest on April 1, 2025; (iv) 360 shares vest on July 1, 2025; (v) 160 shares vest on April 1, 2026; (vi) 240 shares vest on July 1, 2026; (vii) 160 shares vest on April 1, 2027; (viii) 140 shares vest on July 1, 2027; and (ix) 160 shares vest on April 1, 2028. The reported shares of unvested restrict stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. The number of shares reported reflects a prior change in the form of beneficial ownership.
- [F3]Held directly by the reporting person's spouse, Tammi R. Salazar. Includes 2,020 shares of unvested restricted stock granted to the reporting person's spouse which vest as follows: (i) 160 shares vest on April 1, 2024; (ii) 480 shares vest on July 1, 2024; (iii) 160 shares vest on April 1, 2025; (iv) 360 shares vest on July 1, 2025; (v) 160 shares vest on April 1, 2026; (vi) 240 shares vest on July 1, 2026; (vii) 160 shares vest on April 1, 2027; (viii) 140 shares vest on July 1, 2027; and (ix) 160 shares vest on April 1, 2028. The reported shares of unvested restrict stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. The number of shares reported reflects a prior change in the form of beneficial ownership.