GEISEL THOMAS X - 02 Jan 2024 Form 4 Insider Report for REPUBLIC FIRST BANCORP INC

Role: President and CEO, Director
Signature: /s/ Scott A. Brown, pursuant to power of attorney
Issuer symbol: N/A
Transactions as of: 02 Jan 2024
Net transactions value: +$740,000
Form type: 4
Filing time: 04 Jan 2024, 16:16:13 UTC
Previous filing: 29 Aug 2023
Next filing: 18 Nov 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FRBK	Common Stock						1,902,337	02 Jan 2024	Direct	F1, F2

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	FRBK	Restricted Stock Unit	Award	$740,000				740,000	02 Jan 2024	Common Stock	740,000		Direct	F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares of restricted stock which vest in four equal installments, subject the achievement of certain stock price targets during the three-year performance period beginning January 1, 2023 and ending December 31, 2025.
F2	Restricted stock units vest at a rate of 1/3 per year commencing August 25, 2024.
F3	Restricted stock units convert into common stock or cash upon vesting at the election of the Issuer.
F4	Restricted stock units vest at a rate of 1/3 per year commencing January 2, 2025.