Plumas Bancorp (PLBC) EVP Kevin Kaiser reports stock and option holdings
Rhea-AI Filing Summary
Plumas Bancorp executive Kevin C. Kaiser, EVP and Chief Credit Officer, reported his initial beneficial ownership of company securities. As of the reporting date, he directly holds 519 shares of common stock and indirectly holds 816 shares through a 401k account. He also holds stock options to buy common stock, including an option for 4,200 shares at $21.45 per share expiring on October 21, 2027, an option for 6,500 shares at $31 per share expiring on August 16, 2032, and an option for 2,600 shares at $34.07 per share expiring on February 21, 2034. The options become exercisable in scheduled annual installments beginning in 2020, 2023, and 2025, respectively.
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FAQ
What does this Form 3 filing for PLBC disclose?
The filing discloses the initial beneficial ownership of Plumas Bancorp securities by executive Kevin C. Kaiser, including his common stock and stock option holdings.
Who is the reporting person in this Plumas Bancorp (PLBC) Form 3?
The reporting person is Kevin C. Kaiser, who serves as EVP and Chief Credit Officer of Plumas Bancorp.
How many PLBC common shares does Kevin C. Kaiser beneficially own?
He beneficially owns 519 shares of common stock directly and 816 shares indirectly through a 401k plan.
What stock options are reported by the PLBC executive on this Form 3?
He reports options to buy Plumas Bancorp common stock for 4,200 shares at $21.45 expiring on 10/21/2027, 6,500 shares at $31 expiring on 08/16/2032, and 2,600 shares at $34.07 expiring on 02/21/2034.
How do the PLBC stock options held by Kevin C. Kaiser vest?
The 4,200-share option vests in four equal annual installments beginning October 21, 2020. The 6,500-share option vests in five equal annual installments beginning August 16, 2023. The 2,600-share option vests in five equal annual installments beginning February 21, 2025.
Are Kevin C. Kaiser’s PLBC holdings reported as direct or indirect?
The 519 common shares and all reported stock options are held directly, while 816 common shares are held indirectly through a 401k account.