Statement of Changes in Beneficial Ownership (4)
January 06 2021 - 1:10PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
*
HALE JAMES C III |
2. Issuer Name and Ticker or Trading Symbol
Bank of Marin Bancorp
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BMRC
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5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below)
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(Last)
(First)
(Middle)
504 REDWOOD BOULEVARD, SUITE 100 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
1/4/2021 |
(Street)
NOVATO, CA 94947
(City)
(State)
(Zip)
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4. If Amendment, Date Original Filed
(MM/DD/YYYY)
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6. Individual or Joint/Group Filing
(Check Applicable Line)
_X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
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1.Title of Security (Instr. 3)
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2. Trans. Date
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2A. Deemed Execution Date, if any
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3. Trans. Code (Instr. 8)
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4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)
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5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)
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6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
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7. Nature of Indirect Beneficial Ownership (Instr. 4)
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Code
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V
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Amount
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(A) or (D)
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Price
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Common Stock | 1/4/2021 | | J(1) | | 519 | A | $34.34 | 4873 | I | By Trust |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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1. Title of Derivate Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any | 4. Trans. Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) |
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Stock Options (Right to Buy) | $34.86 | | | | | | | 1/4/2021 | 1/4/2031 | Common Stock | 2240 | | 2240 (2) | D | |
Stock Options (Right to Buy) | $32.20 | | | | | | | 7/1/2020 | 7/1/2030 | Common Stock | 2559 | | 2559 | D | |
Stock Options (Right to Buy) | $44.85 | | | | | | | 1/2/2020 | 1/2/2030 | Common Stock | 2038 | | 2038 | D | |
Stock Options (Right to Buy) | $41.80 | | | | | | | 7/1/2019 | 7/1/2029 | Common Stock | 2154 | | 2154 | D | |
Stock Options (Right to Buy) | $41.35 | | | | | | | 1/2/2019 | 1/2/2029 | Common Stock | 1976 | | 1976 | D | |
Stock Options (Right to Buy) | $40.70 | | | | | | | 7/2/2018 | 7/2/2028 | Common Stock | 1918 | | 1918 | D | |
Stock Options (Right to Buy) | $33.90 | | | | | | | 1/2/2018 | 1/2/2028 | Common Stock | 2546 | | 2546 | D | |
Stock Options (Right to buy) | $31.225 | | | | | | | 7/3/2017 | 7/3/2027 | Common Stock | 2950 | | 2950 | D | |
Stock Options (Right to buy) | $34.60 | | | | | | | 1/3/2017 | 1/3/2027 | Common Stock | 2378 | | 2378 | D | |
Stock Options (Right to buy) | $23.765 | | | | | | | (3) | 7/1/2026 | Common Stock | 3430 | | 1430 | D | |
Explanation of Responses: |
(1) | Purchase pursuant to the shareholder approved Bank of Marin Bancorp 2020 Director Stock Plan. Per the terms of the plan, the purchase price is the fair market value of the Company's stock on the ending date of the Offering Period, December 31, 2020. |
(2) | Option issued in payment of Director fee |
(3) | Exercisable 33% per year beginning on first anniversary date of grant |
Reporting Owners
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Reporting Owner Name / Address | Relationships |
Director | 10% Owner | Officer | Other |
HALE JAMES C III 504 REDWOOD BOULEVARD, SUITE 100 NOVATO, CA 94947 | X |
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Signatures
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Nancy R. Boatright, Attorney-in-Fact | | 1/6/2021 |
**Signature of Reporting Person | Date |
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