SEC Form 4 · accession 0001140361-18-006112
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 7, 2018
Accepted (ET)
Feb 9, 2018 · 2:01 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 7, 2018 | M | 886 | $5.08 | A | 22,819 | D | |
| Common Stock | Feb 7, 2018 | M | 2,175 | $6.47 | A | 22,819 | D | |
| Common Stock | Feb 7, 2018 | F | 1,370 | $13.55 | D | 22,819 | 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)F1 | $5.08 | Feb 7, 2018 | M | 886 | A | Feb 21, 2017 | Feb 21, 2023 | Common Stock | 886 | 0 | D |
| Employee Stock Option (Right to Purchase)F1 | $6.47 | Feb 7, 2018 | M | 2,175 | A | Feb 21, 2017 | Feb 21, 2024 | Common Stock | 2,175 | 0 | D |
Explanation of responses
- F1Stock Options Granted vest 0% upon their grant and 25% annually over 4 years.
- F2Swapped 332 aged shares at $13.55 for 886 Option shares at $5.08 to gain a total of 554 shares.
- F3Swapped 1,038 aged shares at $13.55 for 2,175 Option shares at $6.47 to gain a total of 1,137 shares.