4//SEC Filing
Salazar Bryon C. 4
Accession 0001770153-24-000008
CIK 0001071236other
Filed
Mar 31, 8:00 PM ET
Accepted
Apr 1, 3:24 PM ET
Size
8.8 KB
Accession
0001770153-24-000008
Insider Transaction Report
Form 4
Salazar Bryon C.
See Remarks
Transactions
- Sale
Common Stock
2024-03-28$50.05/sh−781$39,089→ 3,776 total(indirect: By Spouse) - Sale
Common Stock
2024-03-28$50.05/sh−256$12,813→ 39,325 total
Footnotes (5)
- [F1]Reflects the sale of 256 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 3,200 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.
- [F3]Reflects the sale of 781 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.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.05 to $50.06, 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.
- [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.
Documents
Issuer
RED RIVER BANCSHARES INC
CIK 0001071236
Entity typeother
Related Parties
1- filerCIK 0001770153
Filing Metadata
- Form type
- 4
- Filed
- Mar 31, 8:00 PM ET
- Accepted
- Apr 1, 3:24 PM ET
- Size
- 8.8 KB