Five Star Bancorp (FSBC) EVP reports 453 unvested incentive shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Five Star Bancorp executive Clifford Aaron Cooper has filed an initial ownership report showing 453 shares of common stock. According to the filing, these 453 shares are unvested awards granted under the Five Star Bancorp 2021 Equity Incentive Plan. The shares are scheduled to vest in equal installments over a three-year period ending on May 21, 2029, as long as Mr. Cooper remains employed by the company on each vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cooper Clifford Aaron
Role
EVP, Food & Ag President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 453 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Unvested shares reported: 453 shares
Vesting period length: 3 years
Vesting end date: May 21, 2029
3 metrics
Unvested shares reported
453 shares
Unvested common stock held by Clifford Aaron Cooper
Vesting period length
3 years
Shares vest in equal installments over three years
Vesting end date
May 21, 2029
Final vesting date if employment continues
Key Terms
unvested shares, 2021 Equity Incentive Plan, vest in equal installments
3 terms
2021 Equity Incentive Plan financial
"granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan with shares scheduled to vest"
vest in equal installments financial
"shares scheduled to vest in equal installments over a three year period ending on May 21, 2029"
FAQ
What does Clifford Aaron Cooper’s Form 3 filing for FSBC show?
The Form 3 for Five Star Bancorp shows Clifford Aaron Cooper holding 453 unvested common shares. These were granted under the 2021 Equity Incentive Plan and vest over three years, ending May 21, 2029, contingent on continued employment.
What are the vesting terms of Clifford Cooper’s FSBC equity award?
The 453 unvested shares vest in equal installments over three years, ending May 21, 2029. Vesting is conditioned on Clifford Aaron Cooper continuing his employment with Five Star Bancorp on each of the specified vesting dates.
Is Clifford Aaron Cooper’s Form 3 a buy or sell signal for FSBC stock?
The Form 3 is an initial ownership report, not a buy or sell transaction. It simply discloses that he holds 453 unvested shares granted as equity compensation, vesting through May 21, 2029, if he remains employed.