Northrim (NRIM) EVP Amber Zins discloses stock, option and RSU holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Northrim Bancorp EVP and COO of Northrim Bank Amber Rose Zins filed an initial ownership report showing her existing equity stake in the company, rather than any new trades. She directly holds 20,942 shares of common stock, with additional indirect holdings through a 401(k) plan and accounts for minor children.
Zins also holds stock options and restricted stock units that could increase her future ownership. She has nonqualified stock options covering 3,160 shares at an exercise price of $10.51 per share expiring December 1, 2031, and 4,924 shares at $8.02 per share expiring December 2, 2030. Several grants of restricted stock units, each representing a right to receive one Northrim share, vest 100% three years from grant dates in March 2024, March 2025, and April 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
ZINS AMBER ROSE
Role
EVP, COO of Northrim Bank
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Nso Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Nso Employee Stock Option (Right to Buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 3,252 shares (Direct, null);
Nso Employee Stock Option (Right to Buy) — 4,924 shares (Direct, null);
Common Stock — 20,942 shares (Direct, null);
Common Stock — 222 shares (Indirect, By Minor Children)
Footnotes (1)
- The restricted stock units vest 100% three years from the grant date of March 28, 2024. Each restricted stock unit represents a contingent right to receive one share of Northrim common stock. The restricted stock units vest 100% three years from the grant date of March 27, 2025. The restricted stock units vest 100% three years from the grant date of April 27, 2026. One-third of the total amount of such options granted shall vest (ie. become exercisable) each year beginning with this date.
Key Figures
Direct common stock holdings: 20,942 shares
401(k) indirect holdings: 4,371 shares
Minor children holdings: 222 shares
+5 more
8 metrics
Direct common stock holdings
20,942 shares
Total shares of Northrim common stock held directly
401(k) indirect holdings
4,371 shares
Indirect Northrim common shares held by 401(k) plan
Minor children holdings
222 shares
Indirect Northrim common shares held for minor children
Stock option grant 1
3,160 shares at $10.51
Nonqualified stock option, expires December 1, 2031
Stock option grant 2
4,924 shares at $8.02
Nonqualified stock option, expires December 2, 2030
RSU grant (March 28, 2024)
2,942 units
Restricted stock units vest 100% three years from grant
RSU grant (March 27, 2025)
3,924 units
Restricted stock units vest 100% three years from grant
RSU grant (April 27, 2026)
3,252 units
Restricted stock units vest 100% three years from grant
Key Terms
Nso Employee Stock Option (Right to Buy), Restricted Stock Units, 401(k), Minor Children, +1 more
5 terms
Nso Employee Stock Option (Right to Buy) financial
"security_title: "Nso Employee Stock Option (Right to Buy)""
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
401(k) financial
"nature_of_ownership: "By 401(k)""
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
Minor Children financial
"nature_of_ownership: "By Minor Children""
contingent right financial
"represents a contingent right to receive one share of Northrim"
FAQ
What does Amber Rose Zins’ Form 3 filing for NORTHRIM BANCORP (NRIM) show?
Amber Rose Zins’ Form 3 reports her existing ownership in Northrim Bancorp, including direct common shares, indirect 401(k) and minor children holdings, plus stock options and restricted stock units that may convert into additional common shares over time, subject to vesting and exercise terms.
What stock options for NORTHRIM BANCORP (NRIM) does Amber Rose Zins report on Form 3?
She reports nonqualified stock options to buy 3,160 Northrim common shares at $10.51 per share expiring December 1, 2031, and 4,924 shares at $8.02 per share expiring December 2, 2030. These options provide potential future share acquisitions if exercised.
What restricted stock units does Amber Rose Zins hold in NORTHRIM BANCORP (NRIM)?
Zins holds multiple restricted stock unit grants tied to Northrim common stock, including blocks that vest 100% three years from grant dates on March 28, 2024, March 27, 2025, and April 27, 2026. Each vested unit is a contingent right to receive one common share.