SEC Form 4 · accession 0001608905-17-000002
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 15, 2017
Accepted (ET)
Nov 17, 2017 · 2:47 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 16, 2017 | J | 82 | $28.55 | A | 597 | I | By 401(k) |
| Common Stock | Nov 15, 2017 | A | 1,542 | $33.30 | A | 7,052 | 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 | $33.30 | Nov 15, 2017 | A | 2,553 | A | Nov 15, 2018 | Nov 15, 2027 | Common Stock | 2,553 | 2,553 | D |
Explanation of responses
- F1As adjusted for dividends. Acquisition represents investment of employer year-end 2016 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.