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: 12/6/2023ACC: 0001188782-23-000010
DirectorOfficer· President, CEO, and COO
Since Nov 2018
-4.62K
Net shares
Net seller
$243.3K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
7.04K acquired · 11.65K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+7.04K
Price / share
$28.76
Trade value
$202.33K
% of position
16.0%
12/5/2023
44.09K→51.13K
Common Stock
Direct
Shares
−4.62K
Price / share
$52.66
Trade value
$243.29K
% of position
9.0%
12/5/2023
51.13K→46.51K
Total
Net shares
+2.42K
Net value
-$40.96K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 12/5/2023 | M · Option Exercise | +7.04K | $28.76 | $202.33K | 16.0% | 44.09K | 51.13K |
| Common Stock Direct | 12/5/2023 | F · Tax Withholding | −4.62K | $52.66 | $243.29K | 9.0% | 51.13K | 46.51K |
| Total | +2.42K | -$40.96K | ||||||
Derivative Transactions1
Nso Employee Stock Option (Right to Buy)
Direct
Converts to
Common Stock
7.04K shares
Shares
−7.04K
Strike price
28.76
Held after
0.00
Exercisable
—
12/5/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Nso Employee Stock Option (Right to Buy) Direct | Common Stock7.04K shares | 12/5/2023 | M · Option Exercise | −7.04K | 28.76 | — | 0.00 |