Mary Jayne Crocker - 21 Nov 2021 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
EVP & CHIEF OPERATING OFFICER
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
21 Nov 2021
Net transactions value
-$26,831
Form type
4
Filing time
22 Nov 2021, 16:46:53 UTC
Previous filing
17 Aug 2021
Next filing
07 Dec 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $38,250 +12,750 +9% $3.00 153,867 21 Nov 2021 Direct
transaction BWB Common Stock Tax liability $65,081 -3,516 -2.3% $18.51 150,351 21 Nov 2021 Direct
holding BWB Depositary Shares 4,000 21 Nov 2021 By Spouse IRA 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 BWB Option to buy Exercise of in-the-money or at-the-money derivative security $0 -12,750 -46% $0.000000 14,750 21 Nov 2021 Common Stock 12,750 $3.00 Direct F2, F3
holding BWB Option to buy 150,000 21 Nov 2021 Common Stock 150,000 $7.47 Direct F4, F5
holding BWB Option to buy 27,000 21 Nov 2021 Common Stock 27,000 $12.92 Direct F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each depositary share represents ownership of a 1/100th interest in a share of the Issuer's 5.875% Non-Cumulative Perpetual Preferred Stock, Series A, $0.01 par value per share.
F2 Options to buy granted under the 2012 Combined Incentive and Non-Statutory Stock Option Plan
F3 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 1/1/2014.
F4 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F5 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
F6 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.