SEC Form 4 · accession 0001567619-19-005314
FIRST NORTHERN COMMUNITY BANCORP · FNRN
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
T Joe Danelson
Officer — EVP/Chief Credit Officer
Period of report
Feb 21, 2019
Accepted (ET)
Feb 25, 2019 · 1:52 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock Award/Common Stock | Feb 21, 2019 | A | 2,302 | $11.40 | A | 13,701 | 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 buy)F2 | $11.40 | Feb 21, 2019 | A | 13,740 | A | — | Feb 20, 2029 | Common Stock | 13,740 | 0 | D |
Explanation of responses
- F1Restricted Stock Award with four year cliff vesting or upon retirement whichever comes first (retirement is defined as age 65 or older).
- F2Stock Options granted vest 0% upon their grant and 25% annually over 4 years.