RIVERVIEW BANCORP INC — Director's Dealing 2023

Jul 11, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: RIVERVIEW BANCORP INC (RVSB)
CIK: 0001041368
Period of Report: 2023-07-07

Reporting Person: Sowers Courtney Evan (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-07-07	Common Stock	A	2879	—	Acquired	2879	Direct
2023-07-07	Common Stock	A	5801	—	Acquired	8680	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 July 7, 2024, July 7, 2025, and July 7, 2026.

F2: Reporting Person was granted an award of performance based restricted stock covering a target of 5,801 shares (the "Target Restricted Stock Number"). Pursuant to time-based vesting requirements, 50% of this award is scheduled to vest on July 7, 2025 and 50% on July 7, 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% 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, 2023 through March 31, 2024.