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