RBB Bancorp

01/22/2025 | Press release | Distributed by Public on 01/22/2025 18:34

Statement of Changes in Beneficial Ownership (Form 4)

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN 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
OMB APPROVAL
OMB Number: 3235-0287 Estimated average burden hours per response... 0.5
(Print or Type Responses)
1. Name and Address of Reporting Person *
Chang Ashley
2. Issuer Name and Ticker or Trading Symbol
RBB Bancorp [RBB] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
EVP
(Last) (First) (Middle)
1055 WILSHIRE BLVD, SUITE 1200 		3. Date of Earliest Transaction (Month/Day/Year)
01/21/2025
(Street)
LOS ANGELES, CA 90017 		4. If Amendment, Date Original Filed (Month/Day/Year)
 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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3) 		2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8) 		4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) 		5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) 		6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4) 		7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, No Par Value 01/21/2025 M 575 A $20.09 1,652 D
Common Stock, No Par Value 01/21/2025 F 237 D $20.09 1,415 D
Common Stock, No Par Value 01/21/2025 M 398 A $20.09 1,813 D
Common Stock, No Par Value 01/21/2025 F 164 D $20.09 1,649 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3) 		2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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
(Month/Day/Year) 		7. Title and Amount of Underlying Securities
(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
Option (right to buy) $20.55 (1) 01/22/2030 Common Stock 6,000 6,000 D
Option (right to buy) $17.74 (2) 01/21/2031 Common Stock 30,000 30,000 D
Restricted Stock Units $ 0 01/21/2025 M 398 (3) (4) Restricted Stock Units 398 $ 0 0 D
Restricted Stock Units $ 0 01/21/2025 M 575 (5) (4) Restricted Stock Units 1,150 $ 0 575 D
Restricted Stock Units $ 0 (6) (4) Restricted Stock Units 2,002 2,002 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Chang Ashley
1055 WILSHIRE BLVD
SUITE 1200
LOS ANGELES, CA 90017 		EVP

Signatures

/s/ Ashley Chang 01/22/2025
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) These options vest in three equal annual installments beginning one year after the 01/22/2020 date of grant.
(2) These options vest in three equal annual installments beginning one year after the 01/21/2021 date of grant.
(3) These restricted stock units vest in three equal annual installments beginning one year after the 01/19/2022 date of grant.
(4) There will be no expiration date once restricted stock units vest.
(5) These restricted stock units vest in three equal annual installments beginning one year after the 01/18/2023 date of grant.
(6) These restricted stock units vest in three equal annual installments beginning one year after the 02/21/2024 date of grant.

Remarks:
Shares issued for vesting of 1/18/2023 and 1/19/2022 RSU grants and shares disposed in settlement of tax withholding obligations for such RSU vestings.
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.