NORTHRIM BANCORP INC — Director's Dealing 2012

Nov 9, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHRIM BANCORP INC (NRIM)
CIK: 0001163370
Period of Report: 2012-11-07

Reporting Person: SCHIERHORN JOSEPH M (EVP, CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-11-07	Common Stock	M	7874	$12.70	Acquired	21342	Direct
2012-11-07	Common Stock	F	4766	$20.98	Disposed	16576	Direct
2012-11-07	Common Stock	M	395	$12.70	Acquired	16971	Direct
2012-11-07	Common Stock	F	286	$20.98	Disposed	16685	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-11-07	Iso Employee Stock Option (Right to Buy)	$12.70	M	7874	Disposed	2013-04-03	Common Stock (7874)	Direct
2012-11-07	Nso Employee Stock Option (Right to Buy)	$12.70	M	395	Disposed	2013-04-03	Common Stock (395)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1	Indirect

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 from Section 16(b) of the Securities Exchange Act of 1934.