Kimberly A. DeBra - 07 Aug 2023 Form 4 Insider Report for FIRST NORTHERN COMMUNITY BANCORP (FNRN)

Signature
/s/ Devon Camara-Soucy
Issuer symbol
FNRN
Transactions as of
07 Aug 2023
Net transactions value
+$7,689
Form type
4
Filing time
09 Aug 2023, 16:44:39 UTC
Previous filing
27 Feb 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNRN Common Stock Tax liability $7,688 -832 -2% $9.24 41,684 07 Aug 2023 Direct
transaction FNRN Common Stock Options Exercise $7,689 +1,356 +3.4% $5.67 41,684 07 Aug 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FNRN Employee Stock Option (right to purchase) Options Exercise $7,689 +1,356 $5.67 0 07 Aug 2023 Common Stock 1,356 $5.67 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Swapped 832 aged shares at $9.24 for 1,356 Option shares at $5.67 to gain a total of 524 shares.
F2 Stock Options Granted vest 0% upon their grant and 25% annually over 4 years.