SEC Form 4 · accession 0001608905-15-000004
NORTHRIM BANCORP INC · NRIM
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Latosha M Frye
Officer — EVP, CFO
Period of report
Nov 18, 2015
Accepted (ET)
Nov 20, 2015 · 6:44 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 | Mar 17, 2015 | J | 65 | $23.83 | A | 411 | I | By 401(k) |
| Common Stock | Nov 18, 2015 | A | 1,029 | $28.76 | A | 4,216 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Nso Employee Stock Option (Right to Buy)F2 | $28.76 | Nov 18, 2015 | A | 4,221 | A | Nov 18, 2016 | Nov 18, 2025 | Common Stock | 4,221 | 4,221 | D |
Explanation of responses
- F1As adjusted for dividends. Acquisition represents investment of employer year-end 2014 contribution under the Plan.
- F2One-third of the total amount of such options granted shall vest (ie. become exercisable) each year beginning with this date.