NORTHRIM BANCORP INC — Director's Dealing 2014

May 5, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHRIM BANCORP INC (NRIM)
CIK: 0001163370
Period of Report: 2014-05-01

Reporting Person: SCHIERHORN JOSEPH M (EVP, COO and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-05-01	Common Stock	M	3049	$20.96	Acquired	16254	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-05-01	Iso Employee Stock Option (Right to Buy)	$20.96	M	3049	Acquired	2014-12-15	Common Stock (3049.0)	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) of the Securities Exchange Act of 1934.