Stellar Bancorp, Inc. — Director's Dealing 2022

Oct 5, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Stellar Bancorp, Inc. (STEL)
CIK: 0001473844
Period of Report: 2022-10-01

Reporting Person: Retzloff Steven F. (Director, Executive Chairman)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-10-01	Common Stock	A	55083	—	Acquired	55083	Direct
2022-10-01	Common Stock	F	4949	—	Disposed	50134	Direct
2022-10-01	Common Stock	A	378240	—	Acquired	378240	Indirect
2022-10-01	Common Stock	A	25531	—	Acquired	25531	Indirect
2022-10-01	Common Stock	A	12598	—	Acquired	12598	Indirect

Footnotes

F1: Shares received in exchange for shares of Allegiance Bancshares, Inc. ("Allegiance"). On October 1, 2022, pursuant to an Agreement and Plan of Merger (the "Merger Agreement"), Allegiance merged with and into Stellar Bancorp, Inc., formerly CBTX, Inc. ("Stellar"), with Stellar as the surviving entity (the "Merger"). Pursuant to the Merger Agreement, each issued and outstanding share of Allegiance common stock was converted into the right to receive 1.4184 shares of Stellar common stock.

F2: Represents shares withheld to satisfy tax liability for vesting of restricted shares of common stock in connection with the closing of the Merger.