JOSEPH M. SCHIERHORN - 19 Nov 2024 Form 4 Insider Report for NORTHRIM BANCORP INC (NRIM)

Signature
/s/ Joseph M. Schierhorn
Issuer symbol
NRIM
Transactions as of
19 Nov 2024
Net transactions value
-$49,796
Form type
4
Filing time
21 Nov 2024, 11:50:20 UTC
Previous filing
01 Apr 2025
Next filing
03 Dec 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NRIM Common Stock Options Exercise $107,623 +3,830 +7.9% $28.10 52,084 19 Nov 2024 Direct F1
transaction NRIM Common Stock Tax liability $157,419 -1,932 -3.7% $81.48 50,152 19 Nov 2024 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 NRIM Nso Employee Stock Option (Right to Buy) Options Exercise $0 -3,830 -100% $0.000000 0 19 Nov 2024 Common Stock 3,830 $28.10 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The acquisition of the shares, as adjusted for dividends, through the exercise of the stock option under the Northrim BanCorp, Inc. Stock Option Plan is exempt pursuant to Section 16(b) of the Securities Exchange Act of 1934.