Nicholas L. Place - 01 May 2023 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
CHIEF LENDING OFFICER
Signature
/s/ Ben Klocke, Attorney-in-Fact
Issuer symbol
BWB
Transactions as of
01 May 2023
Net transactions value
+$35,800
Form type
4
Filing time
02 May 2023, 17:07:47 UTC
Previous filing
03 Feb 2023
Next filing
24 May 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 $35,800 +10,000 +11% $3.58 103,553 01 May 2023 Direct
holding BWB Common Stock 7,500 01 May 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 -10,000 -50% $0.000000 10,000 01 May 2023 Common Stock 10,000 $3.58 Direct F1, F2
holding BWB option to buy 150,000 01 May 2023 Common Stock 150,000 $7.47 Direct F3, F4
holding BWB option to buy 21,000 01 May 2023 Common Stock 21,000 $12.92 Direct F3, F5
holding BWB option to buy 50,000 01 May 2023 Common Stock 50,000 $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 1/1/2015.
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.