Joseph M. Schierhorn - 01 Dec 2021 Form 4 Insider Report for NORTHRIM BANCORP INC (NRIM)

Role
President, CEO, and COO, Director
Signature
/s/ Joseph M. Schierhorn
Issuer symbol
NRIM
Transactions as of
01 Dec 2021
Net transactions value
+$60,677
Form type
4
Filing time
03 Dec 2021, 10:25:34 UTC
Previous filing
30 Nov 2021
Next filing
31 Oct 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRIM Common Stock Award $60,677 +1,444 +4.1% $42.02 36,549 01 Dec 2021 Direct
holding NRIM Common Stock 8,436 01 Dec 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 +5,908 $0.000000 5,908 01 Dec 2021 Common Stock 5,908 $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.