Javvis O. Jacobson - Nov 18, 2021 Form 3 Insider Report for Finwise Bancorp (FINW)

Signature
/s/ Jacobson Javvis O
Stock symbol
FINW
Transactions as of
Nov 18, 2021
Transactions value $
$0
Form type
3
Date filed
11/18/2021, 02:26 PM
Next filing
Nov 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding FINW Common Stock, par value $0.001 per share 225K Nov 18, 2021 By: Javvis O Jacobson Trust

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
holding FINW Stock Option (right to buy) Nov 18, 2021 Common Stock, par value $0.001 per share 9.6K $2.36 Direct F1
holding FINW Stock Option (right to buy) Nov 18, 2021 Common Stock, par value $0.001 per share 74.4K $3.64 Direct F2
holding FINW Stock Option (right to buy) Nov 18, 2021 Common Stock, par value $0.001 per share 60K $4.50 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 50% of the option vests and becomes on January 1, 2022. 50% of the option vests and becomes exercisable on January 1, 2023.
F2 20% of the option vested and became exercisable immediately upon its grant on December 24, 2019. The remainder of the option vests and becomes exercisable in 1.7% increments on the first of each month beginning January 1, 2020 until it is fully vested and exercisable on December 1, 2023.