SEC Form 5 · accession 0001209191-19-007294
Bank of Marin Bancorp · BMRC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James S Kimball
Officer — Executive Vice President
Period of report
Dec 31, 2018
Accepted (ET)
Feb 5, 2019 · 3:58 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 | 3,770 | $0.00 | A | 7,540 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to buy)F3,F2 | $34.75 | holding | — | — | — | — | Oct 16, 2027 | Common Stock | 4,000 | 8,000 | D |
| Stock Options (Right to buy)F5,F4 | $33.575 | holding | — | — | — | — | Mar 1, 2028 | Common Stock | 1,020 | 2,040 | 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 3770 additional shares of common stock.
- F2Exercisable 20% per year beginning on first anniversary date of grant
- F3This option was previously reported as covering 4,000 shares at an exercise price of $69.50 per share, but was adjusted to reflect the stock split that occurred on November 27, 2018.
- F4Exercisable 33% immediately, then 33% per year on first anniversary date of grant.
- F5This option was previously reported as covering 1,020 shares at an exercise price of $67.15 per share, but was adjusted to reflect the stock split that occurred on November 27, 2018.