Nicholas L. Place - Sep 6, 2024 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
CHIEF LENDING OFFICER
Signature
/s/ Ben Klocke, Attorney-in-Fact
Stock symbol
BWB
Transactions as of
Sep 6, 2024
Transactions value $
-$9
Form type
4
Date filed
9/9/2024, 05:01 PM
Previous filing
Feb 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $35.8K +10K +8.96% $3.58 122K Sep 6, 2024 Direct
transaction BWB Common Stock Tax liability -$35.8K -2.63K -2.16% $13.60 119K Sep 6, 2024 Direct
holding BWB Common Stock 7.5K Sep 6, 2024 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 -10K -100% $0.00 0 Sep 6, 2024 Common Stock 10K $3.58 Direct F1, F2
holding BWB option to buy 150K Sep 6, 2024 Common Stock 150K $7.47 Direct F3, F4
holding BWB option to buy 21K Sep 6, 2024 Common Stock 21K $12.92 Direct F3, F5
holding BWB option to buy 50K Sep 6, 2024 Common Stock 50K $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.