Nicholas L. Place - 29 Nov 2021 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
CHIEF LENDING OFFICER
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
29 Nov 2021
Net transactions value
+$30,000
Form type
4
Filing time
30 Nov 2021, 16:36:46 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 $30,000 +10,000 +17% $3.00 67,158 29 Nov 2021 Direct
holding BWB Common Stock 7,500 29 Nov 2021 By Spouse IRA
holding BWB Depositary Shares 200 29 Nov 2021 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 BWB option to buy Exercise of in-the-money or at-the-money derivative security $0 -10,000 -67% $0.000000 5,000 29 Nov 2021 Common Stock 10,000 $3.00 Direct F2, F3
holding BWB option to buy 25,000 29 Nov 2021 Common Stock 25,000 $3.58 Direct F4, F5
holding BWB option to buy 150,000 29 Nov 2021 Common Stock 150,000 $7.47 Direct F6, F7
holding BWB option to buy 21,000 29 Nov 2021 Common Stock 21,000 $12.92 Direct F6, F8
* 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 2005 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 2012 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 1/1/2015.
F6 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F7 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
F8 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.