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

Role: Director
Signature: /s/ Jonathan D. Holtaway
Issuer symbol: HWBK
Transactions as of: 20 May 2021
Net transactions value: +$342,605
Form type: 4
Filing time: 24 May 2021, 16:05:01 UTC
Next filing: 26 May 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HWBK	Common Stock	Purchase	$298,681	+12,902	+3.8%	$23.15	354,745	20 May 2021	By Ategra Community Financial Institution Fund, LP	F1
transaction	HWBK	Common Stock	Purchase	$43,924	+1,890	+0.53%	$23.24	356,635	21 May 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.