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: 5/21/2021ACC: 0001567619-21-010844

InsiderMINEER MICHAEL RAYCIK 1573286

→

IssuerPREMIER FINANCIAL BANCORP INCCIK 887919

Officer· Senior Vice President

Since Mar 2019

0.00

Net shares

Net seller

$254.9K

Total acquired

Open market trades

0B · 0S

Total transactions

16.70K acquired · 16.70K disposed

Non-Derivative Transactions3

PFBI Common Stock

Direct

M · Option Exercise

+4.20K

Price / share

$15.57

Trade value

$65.39K

% of position

5.7%

5/20/2021

73.72K→77.92K

PFBI Common Stock

Direct

M · Option Exercise

+6.25K

Price / share

$15.12

Trade value

$94.50K

% of position

8.0%

5/20/2021

77.92K→84.17K

PFBI Common Stock

Direct

M · Option Exercise

+6.25K

Price / share

$15.21

Trade value

$95.05K

% of position

7.4%

5/20/2021

84.17K→90.42K

Total

Net shares

+16.70K

Net value

$254.94K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
PFBI Common Stock Direct	5/20/2021	M · Option Exercise	+4.20K	$15.57	$65.39K	5.7%	73.72K	77.92K
PFBI Common Stock Direct	5/20/2021	M · Option Exercise	+6.25K	$15.12	$94.50K	8.0%	77.92K	84.17K
PFBI Common Stock Direct	5/20/2021	M · Option Exercise	+6.25K	$15.21	$95.05K	7.4%	84.17K	90.42K
Total			+16.70K		$254.94K

Derivative Transactions3

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

PFBI Common

4.20K shares

−4.20K

Strike price

15.57

Held after

2.10K

Exercisable

—

5/20/2021

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

PFBI Common

6.25K shares

−6.25K

Strike price

15.12

Held after

0.00

Exercisable

—

5/20/2021

Employee Stock Option (Right to Buy)

Direct

M · Option Exercise

Converts to

PFBI Common

6.25K shares

−6.25K

Strike price

15.2080

Held after

0.00

Exercisable

—

5/20/2021

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Employee Stock Option (Right to Buy) Direct	PFBI Common4.20K shares	5/20/2021	M · Option Exercise	−4.20K	15.57	—	2.10K
Employee Stock Option (Right to Buy) Direct	PFBI Common6.25K shares	5/20/2021	M · Option Exercise	−6.25K	15.12	—	0.00
Employee Stock Option (Right to Buy) Direct	PFBI Common6.25K shares	5/20/2021	M · Option Exercise	−6.25K	15.2080	—	0.00

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)1

Employee Stock Option (Right to Buy)

Direct

Underlying security

PFBI Common

Underlying shares

4.20K

Shares owned

4.20K

Exercise price

8.50

Expiration

—

Exercise window

—

Total

Underlying

4.20K

Owned

4.20K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Employee Stock Option (Right to Buy) Direct	PFBI Common	8.50	—	—	4.20K	4.20K
Total					4.20K	4.20K