David Lam Receives Stock Award at Riverview Bancorp Inc (RVSB) — SEC Form 4, Jul 11, 2023

SEC Form 4 · No Market Transaction

Stock Award

Compensation grant — no market purchase or sale.

Reporting Owner

David Lam

CFO

TXN 2023-07-07 · FILED 2023-07-11

Equity Position 66.8K sh 57,302 → 66,829

Equity Change +16.6% shares held after vs before

Filing Lag 2 business days within 2-day SEC deadline

Form 4 · Statement of Changes in Beneficial Ownership

Riverview Bancorp Inc

RVSB CIK 0001041368

Reporting Owner

Name	Relationship
David Lam CIK 0001713974	CFO

David Lam at Riverview Bancorp Inc Full insider history

Bought (12 mo) $5,170

Sold (12 mo) —

More from this insider at Riverview Bancorp Inc

Non-Derivative Securities Transactions

Title	Date	Type	Shares	Price	Net Total	Post-Txn	Ownership
Common StockF1 F2	2023-07-07	A - Award/Grant	2,382 A	$0.00	—	59,684	Direct
Common StockF3 F2	2023-07-07	A - Award/Grant	7,145 A	$0.00	—	66,829	Direct

Footnotes (3)

F1: Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on July 7, 2024, July 7, 2025 and July 7, 2026. Show more
F2: Reflects 10,900 shares owned indirectly in the Riverview 401(k) Plan and 4,874 shares owned indirectly in Riverview's Employee Stock Ownership Plan. Show more
F3: Reporting Person was granted an award of performance based restricted stock covering a target of 7,145 shares (the "Target Restricted Stock Number"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on July 7, 2025 and 50% on July 7, 2026, subject to continued service requirements through such date. In addition, the number of shares subject to the restricted stock may be decreased down to 0% of the Target Restricted Stock Number, based on attainment of specified levels of the Company's total Earnings Per Share over the period of April 1, 2023 through March 31, 2024. Show more

Institutional Holders

Largest by reported value

5%+ Holders · 13D/G 4 filers

Latest Schedule 13D/G per filer; stakes the filer reported closed are left out.

Other insiders at Riverview Bancorp Inc

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