Rizzo Michael Anthony 4
4 · FIVE STAR BANCORP · Filed Jan 24, 2022
Insider Transaction Report
Form 4
Rizzo Michael Anthony
EVP & Chief Banking Officer
Transactions
- Award
Common Stock
2022-01-20+516→ 22,906 total(indirect: By Trust) - Gift
Common Stock
2021-05-11+641→ 641 total(indirect: See footnote)
Footnotes (3)
- [F1]Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan. One-third of the award of restricted stock vested immediately upon grant, with the remaining two-thirds to vest in equal annual installments over two years on January 1st of each year, provided Mr. Rizzo, the reporting person, remains employed by Five Star Bancorp on the respective vesting dates.
- [F2]Shares are held by The Rizzo Family Trust, dated December 4, 2019, for which Mr. Rizzo serves as trustee. Consists of 129 shares of unvested stock awards which are scheduled to vest on January 1, 2023 and 7,000 shares which were granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan and are scheduled to vest in equal installments over a five-year period, provided Mr. Rizzo remains employed by Five Star Bancorp on the respective vesting dates.
- [F3]Bona fide gift of shares to The Rizzo Living Trust, dated 4/29/99, for the benefit of Mr. Rizzo's minor child and for which Mr. Rizzo serves as custodian.