Trutna Thomas P. 4
4 · Bridgewater Bancshares Inc · Filed Dec 29, 2023
Insider Transaction Report
Form 4
Trutna Thomas P.
Director
Transactions
- Exercise of In-Money
Options to buy
2023-12-27+40,000→ 0 totalExercise: $3.00Exp: 2023-12-31→ Common Stock (40,000 underlying) - Exercise/Conversion
Common Stock
2023-12-27$3.00/sh+40,000$120,000→ 112,972 total - Tax Payment
Common Stock
2023-12-27$12.91/sh−4,648$60,006→ 108,324 total
Footnotes (3)
- [F1]Mr. Trutna's ex-spouse owned half of the economic benefits of the exercised option pursuant to a domestic relations order, and half of the shares received in connection with the exercise will be transferred to his ex-spouse as part of the transaction. The reporting person no longer reports as beneficially owned any securities owned by his ex-spouse.
- [F2]Options to buy granted under the 2012 Combined Incentive and Non-Statutory Stock Option Plan.
- [F3]Options exercisable in 20% increments on the first five anniversaries of the date of the grant which was 1/1/2014.