NORTHRIM BANCORP INC — Director's Dealing 2012

Nov 28, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHRIM BANCORP INC (NRIM)
CIK: 0001163370
Period of Report: 2012-11-27

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-27	Common Stock	M	7874	$12.70	Acquired	38924	Direct
2012-11-27	Common Stock	F	4510	$22.17	Disposed	34414	Direct
2012-11-27	Common Stock	M	2600	$12.70	Acquired	37014	Direct
2012-11-27	Common Stock	F	1783	$22.17	Disposed	35231	Direct
2012-11-27	Common Stock	M	2570	$12.74	Acquired	37801	Direct
2012-11-27	Common Stock	F	1765	$22.17	Disposed	36036	Direct
2012-11-27	Common Stock	M	2397	$16.28	Acquired	38433	Direct
2012-11-27	Common Stock	F	1760	$22.17	Disposed	36673	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-27	Iso Employee Stock Option (Right to Buy)	$12.70	M	7874	Disposed	2013-04-03	Common Stock (7874)	Direct
2012-11-27	Nso Employee Stock Option (Right to Buy)	$12.70	M	2600	Disposed	2013-04-03	Common Stock (2600)	Direct
2012-11-27	Nso Employee Stock Option (Right to Buy)	$12.74	M	2570	Disposed	2018-11-05	Common Stock (2570)	Direct
2012-11-27	Iso Employee Stock Option (Right to Buy)	$16.28	M	2397	Disposed	2019-11-18	Common Stock (2397)	Direct

Footnotes

F1: The acquisition of the shares, as adjusted for dividends, through the exercise of the stock option under the Northrim BanCorp, Inc. Stock Option Plan is exempt pursuant to Section 16(b) (3) of the Securities Exchange Act of 1934.