FIVE STAR BANCORP — Director's Dealing 2022

Jan 24, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: FIVE STAR BANCORP (FSBC)
CIK: 0001275168
Period of Report: 2022-01-20

Reporting Person: Allbaugh Larry Eugene (Director, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-01-20	Common Stock	A	1263	—	Acquired	480624	Indirect
2021-12-14	Common Stock	G	5000	—	Disposed	475624	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	885835	Indirect
Common Stock	410695	Indirect
Common Stock	410695	Indirect
Common Stock	410695	Indirect
Common Stock	410695	Indirect

Footnotes

F1: Granted pursuant to the Five Star Bancorp 2021 Equity Incentive Plan. One-twelfth of the award of restricted stock vested immediately upon grant, with the remaining shares to vest in equal monthly installments over eleven months on the 1st of each month, provided Mr. Allbaugh, the reporting person, remains a director of Five Star Bancorp's Board of Directors on the respective vesting dates.

F2: Shares are held by the Larry and Laura Allbaugh Living Trust dated November 5, 1997, for which Mr. Allbaugh serves as a trustee.

F3: Represents shares that Mr. Allbaugh donated as a gift to the Phi 3.14 Fund, a donor advised fund.

F4: As trustee of this trust, Mr. Allbaugh has voting and dispositive power over these shares and may be deemed to be the indirect beneficial owner of such shares for purposes of Section 16. However, Mr. Allbaugh is not the beneficiary of this trust. Accordingly, Mr. Allbaugh disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Allbaugh is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.

F5: Shares are held by the Oates Administrative Trust, for which Mr. Allbaugh serves as a trustee.

F6: Shares are held by the QSST Subtrust of the Kathryn Oates-Fairrington Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.

F7: Shares are held by the QSST Subtrust of the Philip D. Oates Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.

F8: Shares are held by the QSST Subtrust of the Marvilyn E. Applegate Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.

F9: Shares are held by the QSST Subtrust of the Judy Oates-Holt Irrevocable Trust, dated December 16, 2009, for which Mr. Allbaugh serves as trustee.