# EDGAR Filing Document

**Accession Number:** 0001403475
**File Stem:** 0001209191-23-018288
**Filing Date:** 2023-3
**Character Count:** 7229
**Document Hash:** 13f9cbdc65c3f2789564fa473416f4fe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001209191-23-018288.hdr.sgml**: 20230313

**ACCESSION NUMBER**: 0001209191-23-018288

**CONFORMED SUBMISSION TYPE**: 4

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230313

**FILED AS OF DATE**: 20230313

**DATE AS OF CHANGE**: 20230313

**REPORTING-OWNER**: 

**OWNER DATA:**
- **COMPANY CONFORMED NAME:** Kennedy Kevin R
- **CENTRAL INDEX KEY:** 0001593727

**FILING VALUES:**
- **FORM TYPE:** 4
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-33572
- **FILM NUMBER:** 23728799

**MAIL ADDRESS:**
- **STREET 1:** 504 REDWOOD BLVD STE 100
- **CITY:** NOVATO
- **STATE:** CA
- **ZIP:** 94947
**ISSUER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Bank of Marin Bancorp
- **CENTRAL INDEX KEY:** 0001403475
- **STANDARD INDUSTRIAL CLASSIFICATION:** STATE COMMERCIAL BANKS [6022]
- **IRS NUMBER:** 208859754
- **STATE OF INCORPORATION:** CA
- **FISCAL YEAR END:** 1231

**BUSINESS ADDRESS:**
- **STREET 1:** 504 REDWOOD BOULEVARD, SUITE 100
- **CITY:** NOVATO
- **STATE:** CA
- **ZIP:** 94947
- **BUSINESS PHONE:** 415-763-7781

**MAIL ADDRESS:**
- **STREET 1:** 504 REDWOOD BOULEVARD, SUITE 100
- **CITY:** NOVATO
- **STATE:** CA
- **ZIP:** 94947

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM 4

### STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

[ ] Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

---

| | | |
|:---|:---|:---|
| **1. Name and Address of Reporting Person**<sup>*</sup><br>Kennedy Kevin R<br><sub>(Last) (First) (Middle)</sub><br>504 REDWOOD BOULEVARD, SUITE 100<br><sub>(Street)</sub><br>NOVATO, CA 94947<br><sub>(City) (State) (Zip)</sub> | **3. Date of Earliest Transaction (Month/Day/Year)**<br>2023-03-13 | **5. Relationship of Reporting Person(s) to Issuer**<br>(Check all applicable)<br>[X] Director [ ] 10% Owner<br>[ ] Officer (give title below) [ ] Other (specify below)<br>_ _ |
| **2. Issuer Name and Ticker or Trading Symbol**<br>Bank of Marin Bancorp [ BMRC ] | **4. If Amendment, Date of Original Filed (Month/Day/Year)**<br>  | **6. Individual or Joint/Group Filing (Check Applicable Line)**<br>[X] Form filed by One Reporting Person<br>[ ] Form filed by More than One Reporting Person |

---

## Table I - Non-Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | 3. Transaction Code (V) | 3. Transaction Code (V) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 4. Securities Acquired (A) or Disposed of (D) | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| 1. Title of Security | 2. Transaction Date | 2A. Deemed Execution Date | Code | V | Amount | (A) or (D) | Price | 5. Amount of Securities Beneficially Owned | 6. Ownership Form | 7. Nature of Indirect Beneficial Ownership |
| Common Stock | 2023-03-13 |  | M |  | 1714 | A | $23.765 | 17615 | I | By Trust |
| Common Stock |  |  |  |  |  |  |  | 10080 | I | By Roth IRA |
| Common Stock |  |  |  |  |  |  |  | 100 | I | By SIMPLE IRA |

---

## Table II - Derivative Securities

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | 4. Transaction Code (V) | 4. Transaction Code (V) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) | 6. Date Exercisable and Expiration Date | 6. Date Exercisable and Expiration Date | 7. Title and Amount of Underlying Securities | 7. Title and Amount of Underlying Securities | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| 1. Title of Derivative Security | 2. Conversion or Exercise Price | 3. Transaction Date | 3A. Deemed Execution Date | Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | 8. Price of Derivative Security | 9. Number of Derivative Securities Beneficially Owned | 10. Ownership Form | 11. Nature of Indirect Beneficial Ownership |
| Stock Options (Right to buy) | $23.765 | 2023-03-13 |  | M |  |  | 1714 | <sup>(1)</sup> | 2026-07-01 | Common Stock | 1714 | $0.00 | 0 | D |  |
| Stock Options (Right to buy) | $34.60 |  |  |  |  |  |  | 2017-01-03 | 2027-01-03 | Common Stock | 1188 |  | 1188 | D |  |
| Stock Options (Right to buy) | $31.225 |  |  |  |  |  |  | 2017-07-03 | 2027-07-03 | Common Stock | 1474 |  | 1474 | D |  |
| Stock Options (Right to Buy) | $33.90 |  |  |  |  |  |  | 2018-01-02 | 2028-01-02 | Common Stock | 1272 |  | 1272 | D |  |
| Stock Options (Right to Buy) | $40.70 |  |  |  |  |  |  | 2018-07-02 | 2028-07-02 | Common Stock | 958 |  | 958 | D |  |
| Stock Options (Right to Buy) | $41.35 |  |  |  |  |  |  | 2019-01-02 | 2029-01-02 | Common Stock | 988 |  | 988 | D |  |
| Stock Options (Right to Buy) | $41.80 |  |  |  |  |  |  | 2019-07-01 | 2029-07-01 | Common Stock | 1077 |  | 1077 | D |  |
| Stock Options (Right to Buy) | $44.85 |  |  |  |  |  |  | 2020-01-02 | 2030-01-02 | Common Stock | 1019 |  | 1019 | D |  |
| Stock Options (Right to Buy) | $32.20 |  |  |  |  |  |  | 2020-07-01 | 2030-07-01 | Common Stock | 1279 |  | 1279 | D |  |
| Stock Options (Right to Buy) | $32.41 |  |  |  |  |  |  | 2021-07-01 | 2031-07-01 | Common Stock | 2479 |  | 2479 | D |  |
| Stock Options (Right to Buy) | $37.35 |  |  |  |  |  |  | 2022-01-03 | 2032-01-03 | Common Stock | 1030 |  | 1030 | D |  |
| Stock Options (Right to Buy) | $32.55 |  |  |  |  |  |  | 2022-07-01 | 2032-07-01 | Common Stock | 1205 |  | 1205 | D |  |
| Stock Options (Right to Buy) | $32.54 |  |  |  |  |  |  | 2023-01-03 | 2033-01-03 | Common Stock | 2317 |  | 2317 | D |  |

---

### Footnotes:

(1) Exercisable 33% immediately, then 33% per year on first anniversary date of grant.

**Signature:** Krissy Meyer, Attorney-in-Fact  
**Date:** 2023-03-13

### Remarks:

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

**Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.**