Statement of Changes in Beneficial Ownership (4)
February 26 2020 - 5:34PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
Chatelain Ronald Blake |
2. Issuer Name and Ticker or Trading Symbol
RED RIVER BANCSHARES INC
[
RRBI
]
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) See Remarks |
(Last)
(First)
(Middle)
1412 CENTRE COURT DRIVE, SUITE 501 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/24/2020 |
(Street)
ALEXANDRIA, LA 71301
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 2/24/2020 | | M | | 10000 (1) | A | $14.305 (1) | 153926 (2) | D | |
Common Stock | 2/24/2020 | | M | | 10000 (1) | A | $17.33 (1) | 163926 (2) | D | |
Common Stock | 2/24/2020 | | F | | 5780 (3) | D | $54.66 (3) | 158146 (2) | D | |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. 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 | 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 of Derivative Security: 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 |
Stock Options (Right to Buy) | $14.305 | 2/24/2020 | | M | | | 10000 | (4) | 3/24/2020 | Common Stock | 10000.0 | $0 | 0 | D | |
Stock Options (Right to Buy) | $17.33 | 2/24/2020 | | M | | | 10000 | (5) | 7/1/2022 | Common Stock | 10000.0 | $0 | 0 | D | |
Explanation of Responses: |
(1) | The reporting person exercised (i) 10,000 stock options with an exercise price of $14.305 per share by surrendering 2,610 shares of common stock and paying cash in the amount of $387.40, and (ii) 10,000 stock options with an exercise price of $17.33 per share by surrendering 3,170 shares of common stock and paying cash in the amount of $27.80. |
(2) | Includes 800 shares of unvested restricted stock granted to the reporting person which vest on July 1, 2020. The shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant. |
(3) | Represents the reporting person's surrender of 5,780 previously owned shares of common stock to exercise an aggregate of 20,000 stock options as reported above, using the closing market price of the surrendered shares at February 24, 2020 of $54.66 per share. |
(4) | Options vested ratably in annual installments over a period of five (5) years from the grant date, 03/24/2010. |
(5) | Options vested ratably in annual installments over a period of five (5) years from the grant date, 07/01/2012. |
Remarks: President, Chief Executive Officer and Director |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
Chatelain Ronald Blake 1412 CENTRE COURT DRIVE, SUITE 501 ALEXANDRIA, LA 71301 | X |
| See Remarks |
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Signatures
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/s/ Ronald Blake Chatelain | | 2/26/2020 |
**Signature of Reporting Person | Date |
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