Salazar Bryon C. 4
4 · RED RIVER BANCSHARES INC · Filed Jul 16, 2024
Insider Transaction Report
Form 4
Salazar Bryon C.
See Remarks
Transactions
- Sale
Common Stock
2024-07-15$50.51/sh−576$29,094→ 4,200 total(indirect: By Spouse)
Holdings
- 40,325
Common Stock
Footnotes (4)
- [F1]Reflects the sale of 576 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.
- [F2]This transaction was executed in multiple trades at prices ranging from $50.50 to $50.64, inclusive. The price reported above reflects the weighted average sale price. The reporting person hereby 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]Held directly by the reporting person's spouse, Tammi R. Salazar. Includes 2,380 shares of unvested restricted stock granted to the reporting person's spouse which vest as follows: (i) 360 shares vest on April 1, 2025; (ii) 360 shares vest on July 1, 2025; (iii) 360 shares vest on April 1, 2026; (iv) 240 shares vest on July 1, 2026; (v) 360 shares vest on April 1, 2027; (vi) 140 shares vest on July 1, 2027; (vii) 360 shares vest on April 1, 2028; and (viii) 200 shares vest on April 1, 2029. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
- [F4]Consists of 36,125 shares in a joint account with the reporting person's spouse, Tammi R. Salazar, and 4,200 shares held directly by the reporting person. Includes 2,380 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 360 shares vest on April 1, 2025; (ii) 360 shares vest on July 1, 2025; (iii) 360 shares vest on April 1, 2026; (iv) 240 shares vest on July 1, 2026; (v) 360 shares vest on April 1, 2027; (vi) 140 shares vest on July 1, 2027; (vii) 360 shares vest on April 1, 2028; and (viii) 200 shares vest on April 1, 2029. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.