Joseph M. Schierhorn - 23 Mar 2023 Form 4/A - Amendment Insider Report for NORTHRIM BANCORP INC (NRIM)

Role: Chairman, Director
Signature: /s/ Joseph M. Schierhorn
Issuer symbol: NRIM
Transactions as of: 23 Mar 2023
Net transactions value: $0
Form type: 4/A - Amendment
Filing time: 01 Apr 2025, 18:45:22 UTC
Date Of Original Report: 24 Mar 2023
Previous filing: 05 Dec 2022
Next filing: 03 May 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	NRIM	Common Stock						38,148	23 Mar 2023	Direct	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	Restricted Stock Units	Award	$0	+2,568		$0.000000	2,568	23 Mar 2023	Common Stock	2,568		Direct	F2, F3, F4

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On March 24, 2023, the Reporting Person filed a Form 4 that inadvertently reported incorrect amounts held by the Reporting Person, which included RSU awards that had not vested. The correct amounts and footnote information are reflected in this amendment.
F2	Each restricted stock unit represents a contingent right to receive one share of Northrim common stock.
F3	The restricted stock units vest 100% three years from the grant date of March 23, 2023.
F4	The original Form 4 filing inadvertently indicated the market price of Northrim common stock on the date of grant. The grant of restricted stock units were awarded for no consideration.