FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
|
|||||||||||||||
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
RED RIVER BANCSHARES INC [ RRBI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 03/11/2021 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 03/11/2021 | G(1) | V | 275(2) | D | $0(1) | 56,975(3) | D | ||
Common Stock | 03/12/2021 | S | 1,000 | D | $61.77 | 55,975(4) | D | |||
Common Stock | 12,750(5) | I | By Spouse |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Explanation of Responses: |
1. This is a voluntary filing to disclose a transaction involving a bona fide gift of securities. Price is not applicable to dispositions resulting from bona fide gifts. |
2. Shares held jointly by the reporting person and his spouse, Tammi R. Salazar. |
3. Consists of 47,225 shares in a joint account account with Tammi R. Salazar and 9,750 shares held directly by the reporting person. Includes 2,050 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 730 shares vest on July 1, 2021; (ii) 560 shares vest on July 1, 2022; (iii) 400 shares vest on July 1, 2023; (iv) 240 shares vest on July 1, 2024; and (v) 120 shares vest on July 1, 2025. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. Also includes 1,000 shares previously held by the reporting person's spouse, Tammi R. Salazar, which were distributed on July 15, 2020 to a joint brokerage account shared by the reporting person and his spouse which are now owned directly. |
4. Consists of 46,225 shares held in a joint account with Tammi R. Salazar and 9,750 shares held directly by the reporting person. Includes 2,050 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 730 shares vest on July 1, 2021; (ii) 560 shares vest on July 1, 2022; (iii) 400 shares vest on July 1, 2023; (iv) 240 shares vest on July 1, 2024; and (v) 120 shares vest on July 1, 2025. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |
5. Held directly by the reporting person's spouse, Tammi R. Salazar. Includes 2,050 shares of unvested restricted stock which vest as follows: (i) 730 shares vest on July 1, 2020; (ii) 560 shares vest on July 1, 2022; (iii) 400 shares vest on July 1, 2023; (iv) 240 shares vest on July 1, 2024; and (v) 120 shares vest on July 1, 2025. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |
Remarks: |
Executive Vice President, Chief Lending Officer and Director of Red River Bank |
Amanda W. Barnett, as Attorney-in-Fact | 03/15/2021 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |