NEILON JAY M (Chief Credit Officer) exercised options at REPUBLIC FIRST BANCORP INC

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

M · 3 exercises

NEILON JAY M

Filed: 5/23/2023ACC: 0001437749-23-015552

InsiderNEILON JAY MCIK 1488043

→

IssuerREPUBLIC FIRST BANCORP INCCIK 834285

Officer· Chief Credit Officer

Since Feb 2019

+8.15K

Net shares

Net buyer

$3.8K

Total sold

Open market trades

0B · 0S

Total transactions

10.50K acquired · 2.35K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+3.38K

Price / share

—

Trade value

—

% of position

7.2%

2/18/2022

46.63K→50K

Common Stock

Direct

M · Option Exercise

+3.38K

Price / share

—

Trade value

—

% of position

6.8%

2/18/2023

50K→53.38K

Common Stock

Direct

F · Tax Withholding

−1.22K

Price / share

$2.03

Trade value

$2.48K

% of position

2.3%

2/18/2023

53.38K→52.15K

Common Stock

Direct

M · Option Exercise

+3.75K

Price / share

—

Trade value

—

% of position

7.2%

3/21/2023

52.15K→55.90K

Common Stock

Direct

F · Tax Withholding

−1.13K

Price / share

$1.19

Trade value

$1.34K

% of position

2.0%

3/21/2023

55.90K→54.77K

Total

Net shares

+8.15K

Net value

-$3.82K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/18/2022	M · Option Exercise	+3.38K	—	—	7.2%	46.63K	50K
Common Stock Direct	2/18/2023	M · Option Exercise	+3.38K	—	—	6.8%	50K	53.38K
Common Stock Direct	2/18/2023	F · Tax Withholding	−1.22K	$2.03	$2.48K	2.3%	53.38K	52.15K
Common Stock Direct	3/21/2023	M · Option Exercise	+3.75K	—	—	7.2%	52.15K	55.90K
Common Stock Direct	3/21/2023	F · Tax Withholding	−1.13K	$1.19	$1.34K	2.0%	55.90K	54.77K
Total			+8.15K		-$3.82K

Derivative Transactions4

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

3.38K shares

−N/A

Strike price

Held after

10.13K

Exercisable

—

2/18/2022

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

3.38K shares

−N/A

Strike price

Held after

6.75K

Exercisable

—

2/18/2023

Restricted Stock Unit

Direct

A · Award

Converts to

Common Stock

45K shares

+N/A

Strike price

Held after

45K

Exercisable

—

2/21/2023

Restricted Stock Unit

Direct

M · Option Exercise

Converts to

Common Stock

3.75K shares

−N/A

Strike price

Held after

11.25K

Exercisable

—

3/21/2023

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Unit Direct	Common Stock3.38K shares	2/18/2022	M · Option Exercise	−N/A	—	10.13K
Restricted Stock Unit Direct	Common Stock3.38K shares	2/18/2023	M · Option Exercise	−N/A	—	6.75K
Restricted Stock Unit Direct	Common Stock45K shares	2/21/2023	A · Award	+N/A	—	45K
Restricted Stock Unit Direct	Common Stock3.75K shares	3/21/2023	M · Option Exercise	−N/A	—	11.25K

Non-Derivative Holdings (Post-Transaction)0

No non-derivative holdings reported

Derivative Holdings (Post-Transaction)7

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

12K

Shares owned

12K

Exercise price

3.9900

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

30K

Shares owned

30K

Exercise price

8.4000

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

40K

Shares owned

40K

Exercise price

6.6000

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

12K

Shares owned

12K

Exercise price

3.5500

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

40K

Shares owned

40K

Exercise price

3.0100

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

12K

Shares owned

12K

Exercise price

3.6800

Expiration

—

Exercise window

—

Stock Options

Direct

Underlying security

Common Stock

Underlying shares

25K

Shares owned

25K

Exercise price

8.0000

Expiration

—

Exercise window

—

Total

Underlying

171K

Owned

171K

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Stock Options Direct	Common Stock	3.9900	—	—	12K	12K
Stock Options Direct	Common Stock	8.4000	—	—	30K	30K
Stock Options Direct	Common Stock	6.6000	—	—	40K	40K
Stock Options Direct	Common Stock	3.5500	—	—	12K	12K
Stock Options Direct	Common Stock	3.0100	—	—	40K	40K
Stock Options Direct	Common Stock	3.6800	—	—	12K	12K
Stock Options Direct	Common Stock	8.0000	—	—	25K	25K
Total					171K	171K