Nicholas L. Place - Dec 5, 2022 Form 4 Insider Report for Bridgewater Bancshares Inc (BWB)

Role
CHIEF LENDING OFFICER
Signature
/s/ Ben Klocke, Attorney-in-Fact
Stock symbol
BWB
Transactions as of
Dec 5, 2022
Transactions value $
$32,900
Form type
4
Date filed
12/6/2022, 03:16 PM
Previous filing
Feb 2, 2022
Next filing
Dec 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction BWB Common Stock Options Exercise $15K +5K +6.64% $3.00 80.3K Dec 5, 2022 Direct
transaction BWB Common Stock Options Exercise $17.9K +5K +6.23% $3.58 85.3K Dec 5, 2022 Direct
holding BWB Common Stock 7.5K Dec 5, 2022 By Spouse IRA

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 BWB option to buy Exercise of in-the-money or at-the-money derivative security $0 -5K -100% $0.00* 0 Dec 5, 2022 Common Stock 5K $3.00 Direct F1, F2
transaction BWB option to buy Exercise of in-the-money or at-the-money derivative security $0 -5K -20% $0.00 20K Dec 5, 2022 Common Stock 5K $3.58 Direct F3, F4
holding BWB option to buy 150K Dec 5, 2022 Common Stock 150K $7.47 Direct F5, F6
holding BWB option to buy 21K Dec 5, 2022 Common Stock 21K $12.92 Direct F5, F7
holding BWB option to buy 50K Dec 5, 2022 Common Stock 50K $17.50 Direct F5, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Options to buy granted under the 2005 Combined Incentive and Non-Statutory Stock Option Plan.
F2 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 1/1/2014.
F3 Options to buy granted under the 2012 Combined Incentive and Non-Statutory Stock Option Plan.
F4 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 1/1/2015.
F5 Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan.
F6 Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 10/1/2017.
F7 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
F8 Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.