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: 8/24/2021ACC: 0001104659-21-109041

InsiderKEITZ ERICCIK 1490555

→

IssuerSEVERN BANCORP INCCIK 868271

Director

Since Feb 2020

0.00

Net shares

Net seller

$67.7K

Total acquired

0

Open market trades

0B · 0S

4

Total transactions

9.60K acquired · 9.60K disposed

Non-Derivative Transactions2

Common Stock

Direct

M · Option Exercise

Shares

+1.60K

Price / share

$6.80

Trade value

$10.88K

% of position

3.5%

8/24/2021

46K→47.60K

Common Stock

Direct

M · Option Exercise

Shares

+8K

Price / share

$7.10

Trade value

$56.80K

% of position

16.8%

8/24/2021

47.60K→55.60K

Total

Net shares

+9.60K

Net value

$67.68K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	8/24/2021	M · Option Exercise	+1.60K	$6.80	$10.88K	3.5%	46K	47.60K
Common Stock Direct	8/24/2021	M · Option Exercise	+8K	$7.10	$56.80K	16.8%	47.60K	55.60K
Total			+9.60K		$67.68K

Derivative Transactions2

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

2K shares

Shares

−1.60K

Strike price

6.80

Held after

400.00

Exercisable

—

8/24/2021

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

16K shares

Shares

−8K

Strike price

7.10

Held after

4K

Exercisable

—

8/24/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (Right to Buy) Direct	Common Stock2K shares	8/24/2021	M · Option Exercise	−1.60K	6.80	—	400.00
Employee Stock Option (Right to Buy) Direct	Common Stock16K shares	8/24/2021	M · Option Exercise	−8K	7.10	—	4K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)3

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

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

7K

Owned

7K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (Right to Buy) Direct	Common Stock	7.10	—	—	4K	4K
Employee Stock Option (Right to Buy) Direct	Common Stock	7.10	—	—	1.50K	1.50K
Employee Stock Option (Right to Buy) Direct	Common Stock	8.26	—	—	1.50K	1.50K
Total					7K	7K

KEITZ ERIC — Insider Transaction (Form 4) Filed Aug 24, 2021 | Finecho