Riverview Bancorp Inc.

01/10/2025 | Press release | Distributed by Public on 01/10/2025 16:34

Initial Statement of Beneficial Ownership (Form 3)

Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES 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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Lightheart Charmaine
2. Date of Event Requiring Statement (Month/Day/Year)
01/01/2025 		3. Issuer Name and Ticker or Trading Symbol
RIVERVIEW BANCORP INC [RVSB]
(Last) (First) (Middle)
900 WASHINGTON STREET, SUITE 900 		4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP/CRDEO
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)
VANCOUVER, WA 98660 		6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4) 		2. Amount of Securities Beneficially Owned
(Instr. 4) 		3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5) 		4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 6,474(1)(2) D
Common Stock 88 I Shares held by the ESOP
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4) 		2. Date Exercisable and Expiration Date
(Month/Day/Year) 		3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4) 		4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5) 		6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Lightheart Charmaine
900 WASHINGTON STREET, SUITE 900
VANCOUVER, WA 98660 		EVP/CRDEO

Signatures

/s/ Charmaine Lightheart 01/10/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(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).
(1) Reporting Person was granted an award of performance based restricted stock covering a target of 1,374 shares. Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on November 9, 2025 and 50% on November 9, 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, based on whether the Company attains specified levels of the Company's total Earnings Per Share over the period of April 1, 2023 through March 31, 2024. Also, the Reporting Person has 152 shares held directly.
(2) In addition, the Reporting Person was granted a second award of performance based restricted stock covering a target of 4,948 shares. Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on July 10, 2026 and 50% on July 10, 2027, 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, based on whether the Company attains specified levels of the Company's total Earnings Per Share over the period of April 1, 2024 through March 31, 2025.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.