Eric M. Keitz - 21 Oct 2021 Form 4 Insider Report for SEVERN BANCORP INC

Role
Director
Signature
Eric M. Keitz
Issuer symbol
N/A
Transactions as of
21 Oct 2021
Net transactions value
+$2,478
Form type
4
Filing time
21 Oct 2021, 18:10:10 UTC
Previous filing
24 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVBI Common Stock Options Exercise $2,478 +300 +0.54% $8.26 55,900 21 Oct 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SVBI Employee Stock Option (Right to Buy) Options Exercise -300 -20% 1,200 21 Oct 2021 Common Stock 1,500 $8.26 Direct F3
holding SVBI Employee Stock Option (Right to Buy) 1,500 21 Oct 2021 Common Stock 1,500 $7.10 Direct F4
holding SVBI Employee Stock Option (Right to Buy) 400 21 Oct 2021 Common Stock 2,000 $6.80 Direct F1
holding SVBI Employee Stock Option (Right to Buy) 4,000 21 Oct 2021 Common Stock 16,000 $7.10 Direct F5
holding SVBI Employee Stock Option (Right to Buy) 4,000 21 Oct 2021 Common Stock 4,000 $7.10 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options vest over a 5-year period beginning November 22, 2017.
F2 Options vest over a 5-year period beginning December 19, 2018.
F3 Options vest over a 5-year period beginning February 25, 2021.
F4 Options vest over a 5-year period beginning December 22, 2021
F5 Options vest over a 5-year period beginning August 23, 2018.