KEITZ ERIC

PrivateCIK: 1490555

Location

ANNAPOLIS, MD

KEITZ ERIC exercised options at SEVERN BANCORP INC

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 2 exercises

KEITZ ERIC

Filed: 7/27/2021ACC: 0001104659-21-096376

InsiderKEITZ ERICCIK 1490555

→

IssuerSEVERN BANCORP INCCIK 868271

Director

Since Feb 2020

0.00

Net shares

Net seller

$39.9K

Total acquired

0

Open market trades

0B · 0S

4

Total transactions

6K acquired · 6K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

Shares

+2K

Price / share

$5.75

Trade value

$11.50K

% of position

5.0%

7/27/2021

40K→42K

Common Stock

Direct

M · Option Exercise

Shares

+4K

Price / share

$7.10

Trade value

$28.40K

% of position

9.5%

7/27/2021

42K→46K

Total

Net shares

+6K

Net value

$39.90K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	7/27/2021	M · Option Exercise	+2K	$5.75	$11.50K	5.0%	40K	42K
Common Stock Direct	7/27/2021	M · Option Exercise	+4K	$7.10	$28.40K	9.5%	42K	46K
Total			+6K		$39.90K

Derivative Transactions2

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

2K shares

Shares

−2K

Strike price

5.75

Held after

0.00

Exercisable

—

7/27/2021

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

16K shares

Shares

−4K

Strike price

7.10

Held after

12K

Exercisable

—

7/27/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (Right to Buy) Direct	Common Stock2K shares	7/27/2021	M · Option Exercise	−2K	5.75	—	0.00
Employee Stock Option (Right to Buy) Direct	Common Stock16K shares	7/27/2021	M · Option Exercise	−4K	7.10	—	12K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)4

Employee Stock Option (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

1.50K

Shares owned

1.50K

Exercise price

7.10

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

2K

Shares owned

2K

Exercise price

6.80

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

4K

Shares owned

4K

Exercise price

7.10

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

1.50K

Shares owned

1.50K

Exercise price

8.26

Expiration

—

Exercise window

—

Total

Underlying

9K

Owned

9K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (Right to Buy) Direct	Common Stock	7.10	—	—	1.50K	1.50K
Employee Stock Option (Right to Buy) Direct	Common Stock	6.80	—	—	2K	2K
Employee Stock Option (Right to Buy) Direct	Common Stock	7.10	—	—	4K	4K
Employee Stock Option (Right to Buy) Direct	Common Stock	8.26	—	—	1.50K	1.50K
Total					9K	9K

KEITZ ERIC — Insider Transaction (Form 4) Filed Jul 27, 2021 | Finecho