SCHIERHORN JOSEPH M (President, CEO, and COO) exercised options at NORTHRIM BANCORP INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 11/16/2023ACC: 0001188782-23-000006
DirectorOfficer· President, CEO, and COO
Since Nov 2018
-3.31K
Net shares
Net seller
$159.6K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
4.96K acquired · 8.27K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+4.96K
Price / share
$27.28
Trade value
$135.25K
% of position
11.6%
11/15/2023
42.72K→47.67K
Common Stock
Direct
Shares
−3.31K
Price / share
$48.20
Trade value
$159.59K
% of position
6.9%
11/15/2023
47.67K→44.36K
Total
Net shares
+1.65K
Net value
-$24.34K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 11/15/2023 | M · Option Exercise | +4.96K | $27.28 | $135.25K | 11.6% | 42.72K | 47.67K |
| Common Stock Direct | 11/15/2023 | F · Tax Withholding | −3.31K | $48.20 | $159.59K | 6.9% | 47.67K | 44.36K |
| Total | +1.65K | -$24.34K | ||||||
Derivative Transactions1
Nso Employee Stock Option (Right to Buy)
Direct
Converts to
Common Stock
4.96K shares
Shares
−4.96K
Strike price
27.28
Held after
0.00
Exercisable
—
11/15/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Nso Employee Stock Option (Right to Buy) Direct | Common Stock4.96K shares | 11/15/2023 | M · Option Exercise | −4.96K | 27.28 | — | 0.00 |