Filing Details

Accession Number:
0001104659-20-138175
Form Type:
4
Zero Holdings:
No
Publication Time:
2020-12-21 18:53:16
Reporting Period:
2020-12-21
Accepted Time:
2020-12-21 18:53:16
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
868271 Severn Bancorp Inc SVBI National Commercial Banks (6021) 521726127
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1490555 Eric Keitz 200 Westgate Circle, Suite 200
Annapolis MD 21401
Yes No No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2020-12-21 4,000 $7.10 40,000 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Disposition 2020-12-21 4,000 $0.00 20,000 $7.10
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
16,000 2023-08-23 No 4 M Direct
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Employee Stock Option (Right to Buy) $5.75 2021-12-22 2,000 2,000 Direct
Common Stock Employee Stock Option (Right to Buy) $6.80 2022-11-22 2,000 2,000 Direct
Common Stock Employee Stock Option (Right to Buy) $7.10 2023-12-19 4,000 4,000 Direct
Common Stock Employee Stock Option (Right to Buy) $8.26 2026-02-25 1,500 1,500 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2021-12-22 2,000 2,000 Direct
2022-11-22 2,000 2,000 Direct
2023-12-19 4,000 4,000 Direct
2026-02-25 1,500 1,500 Direct
Footnotes
  1. These stock options were granted on August 23, 2017, and vested and became exercisable in five equal installments on the first five anniversaries of the grant date.
  2. Options vest over a 5-year period beginning December 22, 2016.
  3. Options vest over a 5-year period beginning November 22, 2017.
  4. Options vest over a 5-year period beginning December 19, 2018.
  5. Options vest over a 5-year period beginning February 25, 2021.