Jerry J. Baack - 09 Mar 2023 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
PRESIDENT & CEO, Director
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
09 Mar 2023
Net transactions value
+$105,000
Form type
4
Filing time
13 Mar 2023, 17:47:34 UTC
Previous filing
15 Feb 2023
Next filing
31 Jan 2024
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 $105,000 +35,000 +2.9% $3.00 1,253,038 09 Mar 2023 Direct
holding BWB Common Stock 4,200 09 Mar 2023 By dependent child
holding BWB Common Stock 1,000 09 Mar 2023 As custodian for child
holding BWB Common Stock 1,000 09 Mar 2023 As custodian for child
holding BWB Common Stock 1,000 09 Mar 2023 As custodian for child

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 -35,000 -100% $0.000000* 0 09 Mar 2023 Common Stock 35,000 $3.00 Direct F1, F2
holding BWB Option to buy 150,000 09 Mar 2023 Common Stock 150,000 $7.47 Direct F3, F4
holding BWB Option to buy 65,000 09 Mar 2023 Common Stock 65,000 $12.92 Direct F3, F5
holding BWB Option to buy 100,000 09 Mar 2023 Common Stock 100,000 $17.50 Direct F3, 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 1/1/2014.
F3 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F4 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
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.