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

Role: CFO AND EXECUTIVE VP
Signature: /s/ Jacobson Javvis O
Issuer symbol: FINW
Transactions as of: 18 Nov 2021
Net transactions value: $0
Form type: 3
Filing time: 18 Nov 2021, 14:26:01 UTC
Next filing: 23 Nov 2021
SEC: View on sec.gov

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						224,898	18 Nov 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)							18 Nov 2021	Common Stock, par value $0.001 per share	9,600	$2.36	Direct	F1
holding	FINW	Stock Option (right to buy)							18 Nov 2021	Common Stock, par value $0.001 per share	74,400	$3.64	Direct	F2
holding	FINW	Stock Option (right to buy)							18 Nov 2021	Common Stock, par value $0.001 per share	60,000	$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.