T Joe Danelson - 10 Aug 2023 Form 4 Insider Report for FIRST NORTHERN COMMUNITY BANCORP (FNRN)

Role
EVP/Chief Credit Officer
Signature
/s/ Devon Camara-Soucy
Issuer symbol
FNRN
Transactions as of
10 Aug 2023
Transactions value $
$155,592
Form type
4
Filing time
11 Aug 2023, 17:53:56 UTC
Previous filing
27 Feb 2023
Next filing
16 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNRN Common Stock Tax liability -$155,522 -16,388 -23% $9.49 55,300 10 Aug 2023 Direct
transaction FNRN Common Stock Options Exercise $84,735 +16,018 +41% $5.29 55,300 10 Aug 2023 Direct F1
transaction FNRN Common Stock Options Exercise $70,795 +12,486 +29% $5.67 55,300 10 Aug 2023 Direct F2
transaction FNRN Common Stock Options Exercise $26.00 +5 +0.01% $5.29 55,300 10 Aug 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction FNRN Employee Stock Option (right to purchase) Options Exercise $84,735 +16,018 $5.29 0 10 Aug 2023 Common Stock 16,023 $5.29 Direct F3
transaction FNRN Employee Stock Option (right to purchase) Options Exercise $26.00 +5 $5.29 0 10 Aug 2023 Common Stock 16,023 $5.29 Direct F3
transaction FNRN Employee Stock Option (right to purchase) Options Exercise $70,795 +12,486 $5.67 0 10 Aug 2023 Common Stock 12,486 $5.67 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Swapped 8,928 aged shares at $9.49 for 16,018 Option shares at $5.29 to gain a total of 7,090 shares.
F2 Swapped 7,460 aged shares at $9.49 for 12,486 Option shares at $5.67 to gain a total of 5,026 shares.
F3 Stock Options Granted vest 0% upon their grant and 25% annually over 4 years.