Joseph M. Chybowski - 23 Dec 2022 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
23 Dec 2022
Net transactions value
+$21,480
Form type
4
Filing time
27 Dec 2022, 16:44:51 UTC
Previous filing
08 Dec 2022
Next filing
03 Feb 2023
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 $21,480 +6,000 +9.2% $3.58 71,035 23 Dec 2022 Direct
holding BWB Common Stock 1,000 23 Dec 2022 By Spouse IRA

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 -6,000 -100% $0.000000* 0 23 Dec 2022 Common Stock 6,000 $3.58 Direct F1, F2
holding BWB Option to buy 150,000 23 Dec 2022 Common Stock 150,000 $7.47 Direct F1, F3
holding BWB Option to buy 23,000 23 Dec 2022 Common Stock 23,000 $12.92 Direct F4, F5
holding BWB Option to buy 20,000 23 Dec 2022 Common Stock 20,000 $17.50 Direct F4, F6
holding BWB Option to buy 30,000 23 Dec 2022 Common Stock 30,000 $17.50 Direct F1, 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 2012 Combined Incentive and Non-Statutory Stock Option Plan.
F2 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 1/1/2015.
F3 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
F4 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F5 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
F6 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.