T Joe Danelson - Aug 10, 2023 Form 4 Insider Report for FIRST NORTHERN COMMUNITY BANCORP (FNRN)

Role
EVP/Chief Credit Officer
Signature
/s/ Devon Camara-Soucy
Stock symbol
FNRN
Transactions as of
Aug 10, 2023
Transactions value $
$155,592
Form type
4
Date filed
8/11/2023, 05:53 PM
Previous filing
Feb 27, 2023
Next filing
Feb 16, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNRN Common Stock Tax liability -$156K -16.4K -22.86% $9.49 55.3K Aug 10, 2023 Direct
transaction FNRN Common Stock Options Exercise $84.7K +16K +40.78% $5.29 55.3K Aug 10, 2023 Direct F1
transaction FNRN Common Stock Options Exercise $70.8K +12.5K +29.16% $5.67 55.3K Aug 10, 2023 Direct F2
transaction FNRN Common Stock Options Exercise $26.50 +5 +0.01% $5.29 55.3K Aug 10, 2023 Direct

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 $84.7K +16K $5.29 0 Aug 10, 2023 Common Stock 16K $5.29 Direct F3
transaction FNRN Employee Stock Option (right to purchase) Options Exercise $26.50 +5 $5.29 0 Aug 10, 2023 Common Stock 16K $5.29 Direct F3
transaction FNRN Employee Stock Option (right to purchase) Options Exercise $70.8K +12.5K $5.67 0 Aug 10, 2023 Common Stock 12.5K $5.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Swapped 8,928 aged shares at $9.49 for 16,018 Option shares at $5.29 to gain a total of 7,090 shares.
F2 Swapped 7,460 aged shares at $9.49 for 12,486 Option shares at $5.67 to gain a total of 5,026 shares.
F3 Stock Options Granted vest 0% upon their grant and 25% annually over 4 years.