James S. Johnson - 30 Mar 2023 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
Director
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
30 Mar 2023
Net transactions value
+$120,000
Form type
4
Filing time
03 Apr 2023, 16:17:09 UTC
Previous filing
03 Jan 2023
Next filing
30 Jun 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 $120,000 +40,000 +68% $3.00 99,194 30 Mar 2023 Direct
transaction BWB Common Stock Award $0 +1,768 +1.8% $0.000000 100,962 31 Mar 2023 Direct
holding BWB Common Stok 69,250 30 Mar 2023 By Trust F1
holding BWB Common Stock 76,750 30 Mar 2023 By Trust F2
holding BWB Common Stock 10,417 30 Mar 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 Exercise of in-the-money or at-the-money derivative security $0 -40,000 -100% $0.000000* 0 30 Mar 2023 Common Stock 40,000 $3.00 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock are held by Mr. Johnson as co-trustee of the James S. Johnson Trust, dated May 28, 2015. Mr. Johnson possesses shared voting and investment power with respect to the shares of common stock held under the James S. Johnson Trust dated May 28, 2015.
F2 Shares of common stock are held by Mr. Johnson as co-trustee of the Jolynn Johnson Trust dated May 28, 2015. Mr. Johnson possesses shared voting and investment power with respect to the shares of common stock held under the Jolynn Johnson Trust dated May 28, 2015.
F3 Options to buy granted under the 2012 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 1/1/2014.