Jed W. Ballard - 23 Mar 2023 Form 4/A - Amendment Insider Report for NORTHRIM BANCORP INC (NRIM)

Role
EVP, CFO
Signature
/s/ Jed W. Ballard
Issuer symbol
NRIM
Transactions as of
23 Mar 2023
Net transactions value
$0
Form type
4/A - Amendment
Filing time
02 Apr 2025, 12:49:57 UTC
Date Of Original Report
24 Mar 2023
Previous filing
13 Mar 2023
Next filing
02 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NRIM Common Stock 3,749 23 Mar 2023 Direct F1

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 NRIM Restricted Stock Units Award $0 +1,336 $0.000000 1,336 23 Mar 2023 Common Stock 1,336 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 24, 2023, the Reporting Person filed a Form 4 that inadvertently reported incorrect amounts held by the Reporting Person, which included RSU awards that had not vested. The correct amounts and footnote information are reflected in this amendment.
F2 Each restricted stock unit represents a contingent right to receive one share of Northrim common stock.
F3 The restricted stock units vest 100% three years from the grant date of March 23, 2023.
F4 The original Form 4 filing inadvertently indicated the market price of Northrim common stock on the date of grant. The grant of restricted stock units were awarded for no consideration.