Louise A. Walker - Feb 8, 2022 Form 4 Insider Report for FIRST NORTHERN COMMUNITY BANCORP (FNRN)

Role
CEO/President, Director
Signature
Devon Camara-Soucy, VP/Corporate Secretary
Stock symbol
FNRN
Transactions as of
Feb 8, 2022
Transactions value $
-$123,416
Form type
4
Date filed
2/8/2022, 05:50 PM
Previous filing
Dec 17, 2021
Next filing
Feb 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNRN Common Stock Tax liability -$16.8K -1.56K -1.25% $10.80 123K Feb 8, 2022 Direct
transaction FNRN Common Stock Options Exercise $16.8K +4.78K +4.04% $3.52 123K Feb 8, 2022 Direct F1
transaction FNRN Common Stock Gift -$140K -13K -9.54% $10.80 123K Feb 8, 2022 Direct F3

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 FNRN Employee Stock Option (right to purchase) Options Exercise $16.8K +4.78K $3.52 0 Feb 8, 2022 Common Stock 4.78K $3.52 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Swapped 1,556 aged shares at $10.80 for 4,775 Option shares at $3.52 to gain a total of 3,219 shares.
F2 Stock Options Granted vest 0% upon their grant and 25% annually over 4 years.
F3 These shares were a gift to Ms. Walker's adult son from his minor account, which she was Custodian of.