SEC Form 4 · accession 0001140361-16-076917
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
Aug 12, 2016
Accepted (ET)
Aug 16, 2016 · 5:21 pm EDT
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 | Aug 12, 2016 | M | 288 | $4.14 | A | 19,125 | D | |
| Common Stock | Aug 12, 2016 | M | 1,146 | $4.40 | A | 20,271 | D | |
| Common Stock | Aug 12, 2016 | M | 1,704 | $5.28 | A | 21,975 | D | |
| Common Stock | Aug 12, 2016 | S | 939 | $8.03 | D | 21,036 | D | |
| Common Stock | Aug 12, 2016 | S | 100 | $8.05 | D | 20,936 | D | |
| Common Stock | Aug 12, 2016 | S | 2,099 | $8.06 | D | 18,837 | 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)F5 | $4.14 | Aug 12, 2016 | M | 288 | A | — | Mar 17, 2021 | Common Stock | 288 | 0 | D |
| Employee Stock Option (right to purchase)F5 | $4.40 | Aug 12, 2016 | M | 1,146 | A | — | Feb 16, 2022 | Common Stock | 1,146 | 0 | D |
| Employee Stock Option (right to purchase)F5 | $5.28 | Aug 12, 2016 | M | 1,704 | A | — | Feb 21, 2023 | Common Stock | 1,704 | 0 | D |
Explanation of responses
- F1Stock Option Exercised 288 shares at $4.14/share.
- F2Stock Option Exercised 1,146 shares at $4.40/share.
- F3Stock Option Exercised 1,704 shares at $5.28/share.
- F4Same day sale of Stock Options Exercised to Raymond James Financial Services.
- F5Stock Options Granted vested 0% upon their grant and 25% annually over 4 years.