SEC Form 4 · accession 0001188782-19-000002
NORTHRIM BANCORP INC · NRIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph M Schierhorn
Officer — President, CEO, and COO · Director
Period of report
Feb 15, 2019
Accepted (ET)
Feb 20, 2019 · 2:04 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001163370
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 15, 2019 | M | 2,992 | $16.28 | A | 30,258 | D | |
| Common StockF2 | Feb 15, 2019 | F | 1,269 | $38.40 | D | 28,809 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Iso Employee Stock Option (Right to Buy) | $16.28 | Feb 15, 2019 | M | 2,992 | D | Nov 18, 2010 | Nov 18, 2019 | Common Stock | 2,992 | 0 | D |
Explanation of responses
- F1The acquisition of the shares, as adjusted for dividends, through the exercise of the stock option under the Northrim BanCorp, Inc. Stock Option Plan is exempt pursuant to Section 16(b) of the Securities Exchange Act of 1934.
- F2Corrected to reflect the removal of 180 shares erroneously reported as directly held.