Lisa M. Salazar - Dec 30, 2021 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
CHIEF DEPOSIT OFFICER
Signature
/s/ Ben Klocke, Attorney-in-Fact
Stock symbol
BWB
Transactions as of
Dec 30, 2021
Transactions value $
$9,990
Form type
4
Date filed
1/3/2022, 03:11 PM
Previous filing
Dec 7, 2021
Next filing
Feb 2, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $9.99K +772 +3.21% $12.94 24.8K Dec 30, 2021 Direct
holding BWB Depositary Shares 1K Dec 30, 2021 Direct F1
holding BWB Depositary Shares 100 Dec 30, 2021 As Custodian for Child F1
holding BWB Depositary Shares 100 Dec 30, 2021 As Custodian for Child 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 -772 -3.09% $0.00 24.2K Dec 30, 2021 Common Stock 772 $12.94 Direct F2, F3
holding BWB Option to buy 17K Dec 30, 2021 Common Stock 17K $12.92 Direct F2, F4
* 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 2017 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 10/1/2018.
F4 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.