Joseph M. Chybowski - Mar 9, 2023 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
CHIEF FINANCIAL OFFICER
Signature
/s/ Ben Klocke, Attorney-in-Fact
Stock symbol
BWB
Transactions as of
Mar 9, 2023
Transactions value $
$18,675
Form type
4
Date filed
3/13/2023, 05:45 PM
Previous filing
Feb 3, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $18.7K +2.5K +3.01% $7.47 85.6K Mar 9, 2023 Direct
holding BWB Common Stock 1K Mar 9, 2023 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 Options Exercise $0 -2.5K -1.67% $0.00 148K Mar 9, 2023 Common Stock 2.5K $7.47 Direct F1, F2
holding BWB Option to buy 23K Mar 9, 2023 Common Stock 23K $12.92 Direct F3, F4
holding BWB Option to buy 20K Mar 9, 2023 Common Stock 20K $17.50 Direct F3, F5
holding BWB Option to buy 30K Mar 9, 2023 Common Stock 30K $17.50 Direct F1, F5
* 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 10/1/2017.
F3 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F4 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
F5 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.