Company: BCTF
Filing Date: 2025-03-06
Form Type: 10-K
Source: 0001552781-25-000058
Chunk: 891

Company: Bancorp 34, Inc.
Filing Date: 2025-03-06
Form: 10-K
Item: Item 2
Chunk 891
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 Mr. Decker individually, 6,044 shares held by the Robert Decker IRA, 6,257 shares held by the Stacia Decker
    IRA, and 1,251 held by the Decker Living Trust.

    (8)
    Represents
    27,700 shares held by Mr. McMullan.

    (9)
    Represents
    19,835 shares held by Mr. Rabon individually, 28,439 held jointly with his spouse, 3,171 shares held jointly with his spouse and
    grandchildren, and 714 warrants to purchase common stock.

    (10)
    Represents
    29,566 shares held in Ms. Ralls living trust and 300 vested warrants to purchase common stock.

    (11)
    Represents
    30,475 share held by Mr. Webster.

    (12)
    Represents
    15,125 shares held by Mr. Tees.

    (13)
    The
    address of Castle Creek Capital Partners VIII, L.P. is 11682 EI Camino Real, ste 320, San Diego, CA 92130. Castle Creek Capital LLC
    is the sole general partner of Castle Creek Partners VIII, L.P. Spencer Cohn is the director of Castle Creek Partners VIII, L.P.,
    and David Volk is the managing principal of Castle Creek Partners VIII, L.P. The effect of this ownership structure is that Mr. Cohn
    holds voting and investment control of Castle Creek Capital Partners VIII, L.P.’s shares of Bancorp 34, and in Mr. Cohn’s
    absence Mr. Volk holds voting and investment control of Castle Creek Capital Partners VIII, L.P.’s shares of Bancorp 34.

135

Equity
Compensation Plan Information

The following table provides certain information
with respect to all our equity compensation plans in effect as of December 31, 2024.

    Plan Category 
    Number of
 Shares to be 
issued upon 
Exercise of 
Outstanding
 Options (a)  
    Weighted 
Average Exercise 
Price of 
Outstanding
 Options (b)  
    Number of 
Shares 
Remaining 
Available for 
Future Issuance 
under Equity 
Compensation
 Plans (Excluding 
Shares Reflected 
in Column (c) 
  
    Equity compensation plans approved by security holders (1) 
     38,800  
    $11.41  
     178,800