Capital Bancorp (CBNK) Form 4 Capital Bancorp / Edward F Barry ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Barry Edward F

(Last) (First) (Middle)

2275 RESEARCH BLVD.

SUITE 600

(Street)

ROCKVILLE MD 20850

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Capital Bancorp Inc [ CBNK ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/14/2023

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/14/2023		M		5,571	A	$0	107,136	D
Common Stock	02/14/2023		F		2,513	D	$21	104,623	D
Common Stock	02/15/2023		M		6,469	A	$0	111,092	D
Common Stock	02/15/2023		F		2,918	D	$21.26	108,174	D
Common Stock	02/15/2023		M		3,165	A	$0	111,339	D
Common Stock	02/15/2023		F		1,428	D	$21.26	109,911	D
Common Stock								220,004	I	By Spouse

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/14/2023		M			5,571	(2)	(2)	Common Stock	5,571	$0	0	D
Restricted Stock Units	(1)	02/15/2023		A		7,714		(3)	(3)	Common Stock	7,714	$0	7,714	D
Restricted Stock Units	(1)	02/15/2023		M			6,469	(4)	(4)	Common Stock	6,469	$0	6,467	D
Restricted Stock Units	(1)	02/15/2023		M			3,165	(5)	(5)	Common Stock	3,165	$0	6,330	D
Stock Options	$11.41							01/01/2020(6)	01/01/2024	Common Stock	20,000		20,000	D
Stock Options	$14.89							01/01/2021(6)	01/01/2025	Common Stock	20,000		20,000	D
Stock Options	$13.93							01/01/2022(6)	01/01/2026	Common Stock	20,000		20,000	D
Stock Options	$23.54							01/01/2024(6)	01/01/2028	Common Stock	15,351		15,351	D
Stock Options	$26.41							12/31/2022(6)	12/31/2026	Common Stock	12,500		12,500	D

Explanation of Responses:

1. Each Restricted Stock Unit represents the right to receive one share of common stock.

2. The Restricted Stock Unit will vest in three equal annual installments beginning 02/14/21.

3. The Restricted Stock Unit will vest in three equal annual installments beginning 02/15/24.

4. The Restricted Stock Unit will vest in three equal annual installments beginning 02/15/22.

5. The Restricted Stock Unit will vest in three equal annual installments beginning 02/15/23.

6. The Stock Options vest in four equal annual installments beginning on the first anniversary of the date of grant.

Remarks:

	/s/ Alan Jackson, as Attorney-in-Fact	02/16/2023
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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