RIVERVIEW BANCORP INC — Director's Dealing 2020

Aug 28, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RIVERVIEW BANCORP INC (RVSB)
CIK: 0001041368
Period of Report: 2020-08-26

Reporting Person: Capeloto Kim J (EVP/CBO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-08-26	Common Stock	A	3084	—	Acquired	155762	Direct
2020-08-26	Common Stock	A	9253	—	Acquired	165015	Direct

Footnotes

F1: Reflects restricted stock awarded to the Reporting Person pursuant to the 2017 Equity Incentive Plan which vest in three equal installments on August 26, 2021, August 26, 2022 and August 26, 2023.

F2: Includes 96,541 shares owned solely, 14,138 shares owned solely by spouse; and 1,067 shares owned jointly with spouse.

F3: Reflects 40,278 shares owned indirectly in the Riverview 401(k) Plan and 3,738 shares owned indirectly in Riverview's Employee Stock Ownership Plan.

F4: Reporting Person was granted an award of performance based restricted stock covering a target of 9,253 shares (the "Target Restricted Stock Number"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on August 26, 2022 and 50% on August 26, 2023, 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, 2020 through March 31, 2021.

F5: Includes 105,794 shares owned solely, 14,138 shares owned solely by spouse; and 1,067 shares owned jointly with spouse.