NORTHRIM BANCORP INC — Director's Dealing 2011

Nov 18, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHRIM BANCORP INC (NRIM)
CIK: 0001163370
Period of Report: 2011-11-16

Reporting Person: KNUDSON CHRISTOPHER N (Director, EVP, COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-03-16	Common Stock	J	92	$19.18	Acquired	7679	Indirect
2011-11-16	Common Stock	A	1160	$18.40	Acquired	37706	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2011-11-16	Nso Employee Stock Option (Right to Buy)	$18.40	A	3373	Acquired	2021-11-16	Common Stock (3373)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	438	Indirect

Footnotes

F1: As adjusted for dividends. Acquisition represents investment of employer year-end 2010 contribution under the Plan.

F2: One-third of the total amount of such options granted shall vest (ie. become exercisable) each year beginning with this date.