KEITZ ERIC exercised options at SEVERN BANCORP INC

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

M · 1 exercise

KEITZ ERIC

Filed: 10/21/2021ACC: 0001104659-21-128552

InsiderKEITZ ERICCIK 1490555

→

IssuerSEVERN BANCORP INCCIK 868271

Director

Since Feb 2020

0.00

Net shares

Net seller

$2.5K

Total acquired

Open market trades

0B · 0S

Total transactions

300.00 acquired · 300.00 disposed

Non-Derivative Transactions1

Common Stock

Direct

M · Option Exercise

+300.00

Price / share

$8.26

Trade value

$2.48K

% of position

0.5%

10/21/2021

55.60K→55.90K

Total

Net shares

+300.00

Net value

$2.48K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	10/21/2021	M · Option Exercise	+300.00	$8.26	$2.48K	0.5%	55.60K	55.90K
Total			+300.00		$2.48K

Derivative Transactions1

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

Common Stock

1.50K shares

−300.00

Strike price

8.26

Held after

1.20K

Exercisable

—

10/21/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (Right to Buy) Direct	Common Stock1.50K shares	10/21/2021	M · Option Exercise	−300.00	8.26	—	1.20K

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

Shares owned

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

16K

Shares owned

Exercise price

7.10

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

Common Stock

Underlying shares

Shares owned

400.00

Exercise price

6.80

Expiration

—

Exercise window

—

Total

Underlying

23.50K

Owned

9.90K

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	7.10	—	—	16K	4K
Employee Stock Option (Right to Buy) Direct	Common Stock	6.80	—	—	2K	400.00
Total					23.50K	9.90K