SEC Form 5 · accession 0001209191-19-006306
Bank of Marin Bancorp · BMRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Min Situ
Officer — Principal Accounting Officer
Period of report
Dec 31, 2018
Accepted (ET)
Jan 31, 2019 · 8:15 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001403475
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Nov 27, 2018 | J | 649 | $0.00 | A | 1,298 | D | |
| Common Stock | Aug 10, 2018 | J | 9 | $0.00 | A | 2,326 | I | By ESOP |
| Common Stock | Nov 8, 2018 | J | 9 | $0.00 | A | 2,335 | I | By ESOP |
| Common Stock | Nov 27, 2018 | J | 2,335 | $0.00 | A | 4,670 | I | By ESOP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F5,F4 | $22.94 | holding | — | — | — | — | Apr 1, 2024 | Common Stock | 100 | 40 | D |
| Stock Options (Right to buy)F7,F6 | $24.825 | holding | — | — | — | — | Mar 1, 2026 | Common Stock | 0 | 134 | D |
| Stock Options (Right to buy)F8,F6 | $34.80 | holding | — | — | — | — | Mar 1, 2027 | Common Stock | 140 | 280 | D |
| Stock Options (Right to buy)F9,F6 | $33.575 | holding | — | — | — | — | Mar 1, 2028 | Common Stock | 160 | 320 | D |
Explanation of responses
- F1On November 27, 2018, the common stock of Bank of Marin Bancorp split 2-for-1, resulting in the reporting person's ownership of 649 additional shares of common stock.
- F2Exempt under Rule 16A-11 Additional shares resulting from dividend reinvestments
- F3On November 27, 2018, the common stock of Bank of Marin Bancorp split 2-for-1, resulting in the reporting person's ownership of 2335.1574 additional shares of common stock.
- F4Exercisable 20% per year beginning on first anniversary date of grant
- F5This option was previously reported as covering 20 shares at an exercise price of $45.88 per share, but was adjusted to reflect the stock split that occurred on November 27, 2018.
- F6Exercisable 33% per year beginning on first anniversary date of grant
- F7This option was previously reported as covering 67 shares at an exercise price of $49.65 per share, but was adjusted to reflect the stock split that occurred on November 27, 2018.
- F8This option was previously reported as covering 140 shares at an exercise price of $69.60 per share, but was adjusted to reflect the stock split that occurred on November 27, 2018.
- F9This option was previously reported as covering 160 shares at an exercise price of $67.15 per share, but was adjusted to reflect the stock split that occurred on November 27, 2018.