BayFirst Financial Corp. — Director's Dealing 2022

Dec 19, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: BayFirst Financial Corp. (BAFN)
CIK: 0001649739
Period of Report: 2022-12-12

Reporting Person: Apostolou George (Director)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2022-12-12	Option (Right to Buy)	$14.67	E	2500	Disposed	2031-01-14	Common Stock (2500.0)	Direct
2022-12-12	Option (Right to Buy)	$15.67	E	1300	Disposed	2030-01-15	Common Stock (1300.0)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	87169.46	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Option (Right to Buy)	$17.33	2028-06-12	Common Stock (5400.0)	5400	Direct
Option (Right to Buy)	$14.67	2029-03-15	Common Stock (3900.0)	3900	Direct

Footnotes

F1: These options vested in three equal annual installments beginning one year after the 6/12/2018 date of grant.

F2: Options are exercisable for 12 months after resignation date of December 12, 2022.

F3: These options vested in three equal annual installments beginning one year after the 3/15/2019 date of grant.

F4: Non-vested options were forfeited with resignation from Board of Directors. Vested options may be exercised for 12 months from resignation date.

F5: These options vested in three equal annual installments beginning one year after the 1/14/2021 date of grant.

F6: These options vested in three equal annual installments beginning one year after the 1/15/2020 date of grant.