Joseph M. Schierhorn - Dec 1, 2021 Form 4 Insider Report for NORTHRIM BANCORP INC (NRIM)

Role
President, CEO, and COO, Director
Signature
/s/ Joseph M. Schierhorn
Stock symbol
NRIM
Transactions as of
Dec 1, 2021
Transactions value $
$60,677
Form type
4
Date filed
12/3/2021, 10:25 AM
Previous filing
Nov 30, 2021
Next filing
Oct 31, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRIM Common Stock Award $60.7K +1.44K +4.11% $42.02 36.5K Dec 1, 2021 Direct
holding NRIM Common Stock 8.44K Dec 1, 2021 By 401(k) 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 NRIM Nso Employee Stock Option (Right to Buy) Award $0 +5.91K $0.00 5.91K Dec 1, 2021 Common Stock 5.91K $42.02 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person's interest in the Northrim Stock Fund of the Northrim Bank Savings Incentive Plan (the "Plan") is held in the form of units of interest. The Plan's administrator calculates the number of shares of issuer common stock represented by units in the Northrim Stock Fund.
F2 One-third of the total amount of such options granted shall vest (ie. become exercisable) each year beginning with this date.