Louise A. Walker - 08 Feb 2022 Form 4 Insider Report for FIRST NORTHERN COMMUNITY BANCORP (FNRN)

Role
CEO/President, Director
Signature
Devon Camara-Soucy, VP/Corporate Secretary
Issuer symbol
FNRN
Transactions as of
08 Feb 2022
Net transactions value
-$123,416
Form type
4
Filing time
08 Feb 2022, 17:50:52 UTC
Previous filing
17 Dec 2021
Next filing
23 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNRN Common Stock Tax liability $16,805 -1,556 -1.2% $10.80 123,089 08 Feb 2022 Direct
transaction FNRN Common Stock Options Exercise $16,808 +4,775 +4% $3.52 123,089 08 Feb 2022 Direct F1
transaction FNRN Common Stock Gift $140,227 -12,984 -9.5% $10.80 123,089 08 Feb 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 $16,808 +4,775 $3.52 0 08 Feb 2022 Common Stock 4,775 $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.