Leane English Cerven - 02 Mar 2022 Form 4 Insider Report for Finward Bancorp (FNWD)

Role
Executive Vice President
Signature
/s/ Joshua Van Kleek, POA
Issuer symbol
FNWD
Transactions as of
02 Mar 2022
Net transactions value
+$125,631
Form type
4
Filing time
04 Mar 2022, 15:31:58 UTC
Previous filing
04 Aug 2021
Next filing
21 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNWD Common Tax liability $4,704 -98 -1.2% $48.00 7,940 01 Feb 2022 Direct F2
transaction FNWD Common Tax liability $8,195 -168 -2.1% $48.78 7,772 04 Feb 2022 Direct F2
transaction FNWD Common Award $47,241 +985 +13% $47.96 8,757 11 Feb 2022 Direct F3
transaction FNWD Common Purchase $91,289 +2,000 +27% $45.64 9,285 02 Mar 2022 Spouse IRA F1
holding FNWD Common 800 02 Mar 2022 IRA
holding FNWD Common 134 02 Mar 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)