TAN FARID (President and CFO) exercised options at METROCITY BANKSHARES, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 12/9/2024ACC: 0001747068-24-000086
DirectorOfficer· President and CFO
Since Oct 2019
0.00
Net shares
Net seller
$300.0K
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
23.62K acquired · 23.62K disposed
Non-Derivative Transactions1
Common Stock
Direct
Shares
+23.62K
Price / share
$12.70
Trade value
$300K
% of position
2.6%
12/9/2024
914.89K→938.51K
Total
Net shares
+23.62K
Net value
$300K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 12/9/2024 | M · Option Exercise | +23.62K | $12.70 | $300K | 2.6% | 914.89K | 938.51K |
| Total | +23.62K | $300K | ||||||
Derivative Transactions1
Stock Option (Right to Buy)
Direct
Converts to
Common Stock
23.62K shares
Shares
−23.62K
Strike price
12.7
Held after
56.38K
Exercisable
—
12/9/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy) Direct | Common Stock23.62K shares | 12/9/2024 | M · Option Exercise | −23.62K | 12.7 | — | 56.38K |