Insider filing report for Changes in Beneficial Ownership
- Schedule 13G & 13D forms are used to report a party's ownership of stock which exceeds 5% of a company's total stock issue.
- Schedule 13G is a shorter version of Schedule 13D with fewer reporting requirements.
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
- Peter Lynch
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- Peter Lynch
What is insider trading>>
Securities and Exchange Commission
Washington, D.C. 20549
Schedule 13G
(Rule 13d-102)
Information to be Included in Statements Filed Pursuant
to § 240.13d-1(b), (c) and (d) and Amendments Thereto Filed
Pursuant to § 240.13d-2
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 1)*
FINWISE BANCORP
(Name of Issuer)
Common Stock, par value $0.001
(Title of Class of Securities)
31813A109
(CUSIP Number)
December 31, 2022
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
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☐
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Rule 13d-1(b)
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☐
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Rule 13d-1(c)
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☒
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Rule 13d-1(d)
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The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information
which would alter the disclosures provided in a prior cover page.
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The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the
liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
| CUSIP No. 31813A109 | Schedule 13G | Page 1 of 4 |
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1
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NAMES OF REPORTING PERSONS
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Kent Landvatter
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2
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CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
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(a)☐
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(b)☐
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3
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SEC USE ONLY
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4
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CITIZENSHIP OR PLACE OF ORGANIZATION
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United States
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NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH
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5
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SOLE VOTING POWER
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953,743
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6
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SHARED VOTING POWER
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5,963
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7
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SOLE DISPOSITIVE POWER
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953,743
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8
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SHARED DISPOSITIVE POWER
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5,963
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9
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AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
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959,706
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10
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CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
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☐
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11
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PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
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7.4%
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12
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TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
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IN
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CUSIP No. 31813A109
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Schedule 13G
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Page 2 of 4
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| ITEM 1. |
(a) Name of Issuer:
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FinWise Bancorp (the “Issuer”).
(b) Address of Issuer’s Principal Executive Offices:
756 East Winchester Street, Suite 100, Murray, UT 84107.
| ITEM 2. |
(a) Name of Person Filing:
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The following is hereinafter referred to as a “Reporting Person.” This statement is filed on behalf of:
Kent Landvatter
(b) Address or Principal Business Office:
The business address of Kent Landvatter is c/o FinWise Bancorp, 756 East Winchester Street, Suite 100, Murray, UT 84107.
(c) Citizenship:
Mr. Landvatter is a citizen of the United States.
(d) Title of Class of Securities:
Common stock, par value $0.001 per share (“Common Stock”).
(e) CUSIP Number:
31813A109
ITEM 3.
Not applicable.
| ITEM 4. |
Ownership.
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The ownership information below represents beneficial ownership of shares of Common Stock as of December 31, 2022, based upon 12,831,345 shares of Common Stock outstanding as of
December 31, 2022.
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CUSIP No. 31813A109
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Schedule 13G
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Page 3 of 4
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(a-c)
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Reporting Person
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Amount
beneficially
owned:
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Percent
of class:
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Sole power
to vote or to
direct the
vote of:
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Shared
power to
vote or
direct the
vote of:
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Sole power
to dispose
or to direct
the
disposition
of:
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Shared
power to
dispose or
direct the
disposition
of:
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Kent Landvatter
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959,706
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7.4%
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953,743
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5,963
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953,743
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5,963
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The amount beneficially owned by Mr. Landvatter includes (i) 70,200 shares of Common Stock held by Mr. Landvatter’s individual retirement account, (ii) 5,963 shares of Common Stock held by the Kent and
Denise Landvatter Trust and (iii) 151,584 shares of Common Stock subject to stock options that are currently exercisable or will become exercisable within 60 days of December 31, 2022.
| ITEM 5. |
Ownership of Five Percent or Less of a Class.
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Not applicable.
| ITEM 6. |
Ownership of More than Five Percent on Behalf of Another Person.
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Not applicable.
| ITEM 7. |
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.
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Not applicable.
| ITEM 8. |
Identification and Classification of Members of the Group.
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Not applicable.
| ITEM 9. |
Notice of Dissolution of Group.
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Not applicable.
| ITEM 10. |
Certification.
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Not applicable.
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CUSIP No. 31813A109
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Schedule 13G
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Page 4 of 4
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SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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Date: February 13, 2023
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/s/ Kent Landvatter
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Kent Landvatter
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