Jonathan Holtaway - May 20, 2021 Form 4 Insider Report for HAWTHORN BANCSHARES, INC. (HWBK)

Role: Director
Signature: /s/ Jonathan D. Holtaway
Stock symbol: HWBK
Transactions as of: May 20, 2021
Transactions value $: $342,605
Form type: 4
Date filed: 5/24/2021, 04:05 PM
Next filing: May 26, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HWBK	Common Stock	Purchase	$299K	+12.9K	+3.77%	$23.15	355K	May 20, 2021	By Ategra Community Financial Institution Fund, LP	F1
transaction	HWBK	Common Stock	Purchase	$43.9K	+1.89K	+0.53%	$23.24	357K	May 21, 2021	By Ategra Community Financial Institution Fund, LP	F1

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

Explanation of Responses:

Id	Content
F1	The reporting person serves as an owner and managing member of the general partner of Ategra Community Financial Institution Fund, LP (the "Fund"), as an owner, president and managing member of the registered investment advisor founded by the reporting person to manage the Fund, and as co-portfolio manager of the Fund. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

Content

The reporting person serves as an owner and managing member of the general partner of Ategra Community Financial Institution Fund, LP (the "Fund"), as an owner, president and managing member of the registered investment advisor founded by the reporting person to manage the Fund, and as co-portfolio manager of the Fund. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.