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

Role
CHIEF DEPOSIT OFFICER
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
30 Dec 2021
Net transactions value
+$9,990
Form type
4
Filing time
03 Jan 2022, 15:11:14 UTC
Previous filing
07 Dec 2021
Next filing
02 Feb 2022
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 $9,990 +772 +3.2% $12.94 24,833 30 Dec 2021 Direct
holding BWB Depositary Shares 1,000 30 Dec 2021 Direct F1
holding BWB Depositary Shares 100 30 Dec 2021 As Custodian for Child F1
holding BWB Depositary Shares 100 30 Dec 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 -3.1% $0.000000 24,228 30 Dec 2021 Common Stock 772 $12.94 Direct F2, F3
holding BWB Option to buy 17,000 30 Dec 2021 Common Stock 17,000 $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.