Jeffrey D. Shellberg - Feb 1, 2022 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
EVP AND CHIEF CREDIT OFFICER, Director
Signature
/s/ Ben Klocke, Attorney-in-Fact
Stock symbol
BWB
Transactions as of
Feb 1, 2022
Transactions value $
$0
Form type
4
Date filed
2/2/2022, 04:49 PM
Previous filing
Dec 7, 2021
Next filing
Sep 14, 2022

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 Award $0 +20K $0.00 20K Feb 1, 2022 Common Stock 20K $17.50 Direct F1, F2
holding BWB Option to buy 25K Feb 1, 2022 Common Stock 25K $12.92 Direct F1, F3
holding BWB Option to buy 150K Feb 1, 2022 Common Stock 150K $7.47 Direct F1, F4
holding BWB Option to buy 75K Feb 1, 2022 Common Stock 75K $3.00 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F2 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.
F3 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
F4 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
F5 Options to buy granted under the 2012 Combined Incentive and Non-Statutory Stock Option Plan.
F6 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 1/1/2014.