Leane English Cerven - Mar 2, 2022 Form 4 Insider Report for Finward Bancorp (FNWD)

Role
Executive Vice President
Signature
/s/ Joshua Van Kleek, POA
Stock symbol
FNWD
Transactions as of
Mar 2, 2022
Transactions value $
$125,631
Form type
4
Date filed
3/4/2022, 03:31 PM
Previous filing
Aug 4, 2021
Next filing
Dec 21, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNWD Common Tax liability -$4.7K -98 -1.22% $48.00 7.94K Feb 1, 2022 Direct F2
transaction FNWD Common Tax liability -$8.2K -168 -2.12% $48.78 7.77K Feb 4, 2022 Direct F2
transaction FNWD Common Award $47.2K +985 +12.67% $47.96 8.76K Feb 11, 2022 Direct F3
transaction FNWD Common Purchase $91.3K +2K +27.45% $45.64 9.29K Mar 2, 2022 Spouse IRA F1
holding FNWD Common 800 Mar 2, 2022 IRA
holding FNWD Common 134 Mar 2, 2022 By Profit Sharing
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $45.61 to $45.6499, inclusive.
F2 Payment of exercise price or tax liability by delivering or withholding securities incident to receipt, exercise or vesting of a security issued in accordance with Rule 16b-3.
F3 These shares were acquired by the person pursuant to Finward Bancorp 2015 Stock Option and Incentive Plan which meets the requirements of 17CFR-240.16b-3, and will vest in three years after issue (02/11/2025)