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

Role
Director
Signature
/s/ Ben Klocke, Attorney-in-Fact
Stock symbol
BWB
Transactions as of
Mar 30, 2023
Transactions value $
$120,000
Form type
4
Date filed
4/3/2023, 04:17 PM
Previous filing
Jan 3, 2023
Next filing
Jun 30, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $120K +40K +67.57% $3.00 99.2K Mar 30, 2023 Direct
transaction BWB Common Stock Award $0 +1.77K +1.78% $0.00 101K Mar 31, 2023 Direct
holding BWB Common Stok 69.3K Mar 30, 2023 By Trust F1
holding BWB Common Stock 76.8K Mar 30, 2023 By Trust F2
holding BWB Common Stock 10.4K Mar 30, 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 -40K -100% $0.00* 0 Mar 30, 2023 Common Stock 40K $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.