0001770153-24-000008.txt : 20240401
0001770153-24-000008.hdr.sgml : 20240401
20240401152448
ACCESSION NUMBER: 0001770153-24-000008
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240328
FILED AS OF DATE: 20240401
DATE AS OF CHANGE: 20240401
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Salazar Bryon C.
CENTRAL INDEX KEY: 0001770153
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38888
FILM NUMBER: 24808668
MAIL ADDRESS:
STREET 1: 1412 CENTRE COURT DRIVE
STREET 2: SUITE 101
CITY: ALEXANDRIA
STATE: LA
ZIP: 71301
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RED RIVER BANCSHARES INC
CENTRAL INDEX KEY: 0001071236
STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022]
ORGANIZATION NAME: 02 Finance
IRS NUMBER: 721412058
STATE OF INCORPORATION: LA
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1412 CENTRE COURT DRIVE
STREET 2: SUITE 301
CITY: ALEXANDRIA
STATE: LA
ZIP: 71301
BUSINESS PHONE: (318) 561-4000
MAIL ADDRESS:
STREET 1: 1412 CENTRE COURT DRIVE
STREET 2: SUITE 301
CITY: ALEXANDRIA
STATE: LA
ZIP: 71301
4
1
wk-form4_1711999478.xml
FORM 4
X0508
4
2024-03-28
0
0001071236
RED RIVER BANCSHARES INC
RRBI
0001770153
Salazar Bryon C.
1412 CENTRE COURT DRIVE, SUITE 301
ALEXANDRIA
LA
71301
0
1
0
0
See Remarks
1
Common Stock
2024-03-28
4
S
0
256
50.05
D
39325
D
Common Stock
2024-03-28
4
S
0
781
50.05
D
3776
I
By Spouse
Reflects the sale of 256 shares of common stock held directly by the reporting person, as part of a diversification strategy under the terms of a trading plan under Rule 10b5-1 executed on November 3, 2023.
Consists of 36,125 shares in a joint account with the reporting person's spouse, Tammi R. Salazar, and 3,200 shares held directly by the reporting person. Includes 2,020 shares of unvested restricted stock granted to the reporting person which vest as follows: (i) 160 shares vest on April 1, 2024; (ii) 480 shares vest on July 1, 2024; (iii) 160 shares vest on April 1, 2025; (iv) 360 shares vest on July 1, 2025; (v) 160 shares vest on April 1, 2026; (vi) 240 shares vest on July 1, 2026; (vii) 160 shares vest on April 1, 2027; (viii) 140 shares vest on July 1, 2027; and (ix) 160 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
Reflects the sale of 781 shares of common stock held directly by the reporting person's spouse, Tammi R. Salazar, as part of a diversification strategy under the terms of a trading plan under Rule 10b5-1 executed on November 3, 2023.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions ranging from $50.05 to $50.06, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
Held directly by the reporting person's spouse, Tammi R. Salazar. Includes 2,020 shares of unvested restricted stock granted to the reporting person's spouse which vest as follows: (i) 160 shares vest on April 1, 2024; (ii) 480 shares vest on July 1, 2024; (iii) 160 shares vest on April 1, 2025; (iv) 360 shares vest on July 1, 2025; (v) 160 shares vest on April 1, 2026; (vi) 240 shares vest on July 1, 2026; (vii) 160 shares vest on April 1, 2027; (viii) 140 shares vest on July 1, 2027; and (ix) 160 shares vest on April 1, 2028. The reported shares of unvested restricted stock are subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
Executive Vice President, Chief Banking Officer and Director of Red River Bank
/s/ Julia E. Callis, as Attorney-in-Fact
2024-04-01