Bridgewater Bancshares (BWB) director exercises options, with small share sale
Rhea-AI Filing Summary
Bridgewater Bancshares director Mary Jayne Crocker exercised stock options for 39,989 shares of common stock at $7.47 per share. On the same dates, 14,575 shares were withheld at $20.48 per share to cover exercise costs or taxes and 11 shares were sold at $21.215. She continues to hold unexercised options for 20,250 shares at $12.92 and 20,000 shares at $17.50.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
8 txns
Insider
Crocker Mary Jayne
Role
Director
Sold
11 shs ($233.37)
Approx. gross sale proceeds
$233.37
Approx. exercise cost
$299K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option to buy F1, F2 | 39,958 | $0.00 | $0.00 |
| Exercise | Common Stock | 39,958 | $7.47 | $298K |
| Exercise Price or Tax Liability | Common Stock | 14,575 | $20.48 | $298K |
| Exercise | Option to buy F1, F2 | 31 | $0.00 | $0.00 |
| Exercise | Common Stock | 31 | $7.47 | $231.57 |
| Sale | Common Stock | 11 | $21.215 | $233.37 |
| holding | Option to buy F1, F3 | -- | -- | -- |
| holding | Option to buy F1, F4 | -- | -- | -- |
Holdings After Transaction:
Option to buy — 91,363 shares (Direct);
Common Stock — 235,384 shares (Direct)
Footnotes (4)
- F1. Options to buy granted under the 2017 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 10/1/2017.
- F3. Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 12/6/2019.
- F4. Options exercisable in 25% increments on the first four anniversaries of the date of the grant which was 2/1/2022.
Key Figures
Options exercised: 39,989 shares
Option exercise price: $7.4700 per share
Shares withheld for exercise price or taxes: 14,575 shares
+3 more
6 metrics
Options exercised
39,989 shares
Total underlying common shares from option exercises reported
Option exercise price
$7.4700 per share
Exercise or conversion price for options exercised into common stock
Shares withheld for exercise price or taxes
14,575 shares
Code F disposition of common stock at $20.4800 per share
Shares sold
11 shares
Open-market or private sale at $21.2150 per share
Remaining options at $12.92
20,250 underlying shares
Options to buy common stock at $12.9200 expiring 12/06/2029
Remaining options at $17.50
20,000 underlying shares
Options to buy common stock at $17.5000 expiring 02/01/2032
Key Terms
Option to buy, 2017 Combined Incentive and Non-Statutory Stock Option Plan, Exercise or conversion of derivative security, Payment of exercise price or tax liability
4 terms
Option to buy financial
"security_title: "Option to buy" with underlying security title "Common Stock""
2017 Combined Incentive and Non-Statutory Stock Option Plan financial
"Options to buy granted under the 2017 Combined Incentive and Non-Statutory Stock Option Plan."
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
Payment of exercise price or tax liability financial
"transaction_code_description: "Payment of exercise price or tax liability by delivering or withholding securities""
AI-generated analysis. How Rhea-AI works. Not financial advice.