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4//SEC Filing

Salazar Bryon C. 4

Accession 0001770153-24-000004

CIK 0001071236other

Filed

Mar 24, 8:00 PM ET

Accepted

Mar 25, 4:36 PM ET

Size

11.3 KB

Accession

0001770153-24-000004

Insider Transaction Report

Form 4
Period: 2024-03-21
Salazar Bryon C.
See Remarks
Transactions
  • Sale

    Common Stock

    2024-03-22$50.05/sh200$10,01039,582 total
  • Sale

    Common Stock

    2024-03-21$50.11/sh2,521$126,32239,782 total
  • Sale

    Common Stock

    2024-03-21$50.10/sh369$18,4874,557 total(indirect: By Spouse)
Footnotes (7)
  • [F1]Reflects the sale of 2,521 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]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.10 to $50.2286, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
  • [F3]Consists of 36,125 shares in a joint account with the reporting person's spouse, Tammi R. Salazar, and 3,657 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 restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
  • [F4]Reflects the sale of 369 shares of common stock held directly by the reporting person's spouse, Tammi R. Salazar, as part of a diversification strategy under the terms of a trading plan under Rule 10b5-1 executed on November 3, 2023.
  • [F5]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 restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
  • [F6]Reflects the sale of 200 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.
  • [F7]Consists of 36,125 shares in a joint account with the reporting person's spouse, Tammi R. Salazar, and 3,457 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 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
Mar 24, 8:00 PM ET
Accepted
Mar 25, 4:36 PM ET
Size
11.3 KB