Lisa M. Salazar - Feb 1, 2022 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

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, 04:59 PM
Previous filing
Jan 3, 2022
Next filing
Dec 8, 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 +25K $0.00 25K Feb 1, 2022 Common Stock 25K $17.50 Direct F1, F2
holding BWB Option to buy 17K Feb 1, 2022 Common Stock 17K $12.92 Direct F1, F3
holding BWB Option to buy 24.2K Feb 1, 2022 Common Stock 24.2K $12.94 Direct F1, F4
* 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 10/1/2018.