SEC Form 4 · accession 0001140361-15-008782
FIRST NORTHERN COMMUNITY BANCORP · FNRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kimberly A DeBra
Officer — EVP/CorpCommuni,Sales & Mktg
Period of report
Feb 20, 2015
Accepted (ET)
Feb 24, 2015 · 7:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001114927
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 20, 2015 | M | 500 | $4.01 | A | 16,462 | D | |
| Common Stock | Feb 20, 2015 | S | 500 | $7.90 | D | 15,962 | D | |
| Common Stock | Feb 24, 2015 | M | 30 | $4.01 | A | 15,992 | D | |
| Common Stock | Feb 24, 2015 | M | 794 | $4.48 | A | 16,786 | D | |
| Common Stock | Feb 24, 2015 | M | 1,061 | $4.76 | A | 17,847 | D | |
| Common Stock | Feb 24, 2015 | M | 788 | $5.71 | A | 18,635 | D | |
| Common Stock | Feb 24, 2015 | S | 2,673 | $7.90 | D | 15,962 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to purchase)F7 | $4.01 | Feb 20, 2015 | M | 500 | A | — | Mar 18, 2020 | Common Stock | 500 | 0 | D |
| Employee Stock Option (right to purchase)F7 | $4.01 | Feb 24, 2015 | M | 30 | A | — | Mar 18, 2020 | Common Stock | 30 | 0 | D |
| Employee Stock Option (right to purchase)F7 | $4.48 | Feb 24, 2015 | M | 794 | A | — | Mar 17, 2021 | Common Stock | 794 | 0 | D |
| Employee Stock Option (right to purchase)F7 | $4.76 | Feb 24, 2015 | M | 1,061 | A | — | Feb 16, 2022 | Common Stock | 1,061 | 0 | D |
| Employee Stock Option (right to purchase)F7 | $5.71 | Feb 24, 2015 | M | 788 | A | — | Feb 21, 2023 | Common Stock | 788 | 0 | D |
Explanation of responses
- F1Stock Option Exercised 500 shares at $4.01/share.
- F2Stock Option Exercised 30 shares at $4.01/share.
- F3Stock Option Exercised 794 shares at $4.48/share.
- F4Stock Option Exercised 1,061 shares at $4.76/share.
- F5Stock Option Exercised 788 shares at $5.71/share.
- F6Same day sale of Stock Options Exercised to Raymond James Financial Services at $7.90/share.
- F7Stock Options Granted vested 0% upon their grant and 25% annually over 4 years.