MINEER MICHAEL RAY (Senior Vice President) exercised options at PREMIER FINANCIAL BANCORP INC

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

M · 3 exercises

MINEER MICHAEL RAY

Filed: 5/11/2021ACC: 0001567619-21-009497

InsiderMINEER MICHAEL RAYCIK 1573286

→

IssuerPREMIER FINANCIAL BANCORP INCCIK 887919

Officer· Senior Vice President

Since Mar 2019

0.00

Net shares

Net seller

$163.3K

Total acquired

Open market trades

0B · 0S

Total transactions

15.61K acquired · 15.61K disposed

Non-Derivative Transactions3

PFBI Common Stock

Direct

M · Option Exercise

+2.10K

Price / share

$8.50

Trade value

$17.85K

% of position

3.6%

5/10/2021

58.11K→60.21K

PFBI Common Stock

Direct

M · Option Exercise

+6.88K

Price / share

$10.84

Trade value

$74.50K

% of position

11.4%

5/10/2021

60.21K→67.08K

PFBI Common Stock

Direct

M · Option Exercise

+6.63K

Price / share

$10.71

Trade value

$70.98K

% of position

9.9%

5/10/2021

67.08K→73.72K

Total

Net shares

+15.61K

Net value

$163.33K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
PFBI Common Stock Direct	5/10/2021	M · Option Exercise	+2.10K	$8.50	$17.85K	3.6%	58.11K	60.21K
PFBI Common Stock Direct	5/10/2021	M · Option Exercise	+6.88K	$10.84	$74.50K	11.4%	60.21K	67.08K
PFBI Common Stock Direct	5/10/2021	M · Option Exercise	+6.63K	$10.71	$70.98K	9.9%	67.08K	73.72K
Total			+15.61K		$163.33K

Derivative Transactions3

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

PFBI Common

2.10K shares

−2.10K

Strike price

8.50

Held after

4.20K

Exercisable

—

5/10/2021

Employee Stock Option (Right to Buy) (PFBI Common)

Direct

M · Option Exercise

Converts to

PFBI Common

6.88K shares

−6.88K

Strike price

10.8364

Held after

0.00

Exercisable

—

5/10/2021

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

PFBI Common

6.63K shares

−6.63K

Strike price

10.7055

Held after

0.00

Exercisable

—

5/10/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (Right to Buy) Direct	PFBI Common2.10K shares	5/10/2021	M · Option Exercise	−2.10K	8.50	—	4.20K
Employee Stock Option (Right to Buy) (PFBI Common) Direct	PFBI Common6.88K shares	5/10/2021	M · Option Exercise	−6.88K	10.8364	—	0.00
Employee Stock Option (Right to Buy) Direct	PFBI Common6.63K shares	5/10/2021	M · Option Exercise	−6.63K	10.7055	—	0.00

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

PFBI Common

Underlying shares

6.25K

Shares owned

6.25K

Exercise price

15.2080

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

PFBI Common

Underlying shares

6.25K

Shares owned

6.25K

Exercise price

15.12

Expiration

—

Exercise window

—

Employee Stock Option (Right to Buy)

Direct

Underlying security

PFBI Common

Underlying shares

6.30K

Shares owned

6.30K

Exercise price

15.57

Expiration

—

Exercise window

—

Total

Underlying

18.80K

Owned

18.80K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (Right to Buy) Direct	PFBI Common	15.2080	—	—	6.25K	6.25K
Employee Stock Option (Right to Buy) Direct	PFBI Common	15.12	—	—	6.25K	6.25K
Employee Stock Option (Right to Buy) Direct	PFBI Common	15.57	—	—	6.30K	6.30K
Total					18.80K	18.80K