Filing Details
- Accession Number:
- 0001415889-25-003522
- Form Type:
- 13G Filing
- Publication Date:
- 2025-02-09 19:00:00
- Filed By:
- Jerry Baack
- Company:
- Bridgewater Bancshares Inc (NASDAQ:BWB)
- Filing Date:
- 2025-02-10
- SEC Url:
- 13G Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
| Name | Beneficially Owned Number of Shares | Beneficially Owned Number of Aggregate Shares | Percent of Class |
|---|---|---|---|
| Jerry Baack | 0 | 1,492,805 | 5.4% |
Filing
|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 |
SCHEDULE 13G
|
UNDER THE SECURITIES EXCHANGE ACT OF 1934
|
(Amendment No. 2)
|
BRIDGEWATER BANCSHARES, INC. (Name of Issuer) |
Common Stock (Title of Class of Securities) |
108621103 (CUSIP Number) |
12/31/2024 (Date of Event Which Requires Filing of this Statement) |
| Check the appropriate box to designate the rule pursuant to which this Schedule is filed: |
 Rule 13d-1(b)
|
| Rule 13d-1(c)
|
 Rule 13d-1(d)
|
SCHEDULE 13G
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| CUSIP No. | 108621103 |
| 1 | Names of Reporting Persons
Jerry Baack | ||||||||
| 2 | Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
| ||||||||
| 3 | Sec Use Only | ||||||||
| 4 | Citizenship or Place of Organization
UNITED STATES
| ||||||||
| Number of Shares Beneficially Owned by Each Reporting Person With: |
| ||||||||
| 9 | Aggregate Amount Beneficially Owned by Each Reporting Person
1,492,805.00 | ||||||||
| 10 | Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
| ||||||||
| 11 | Percent of class represented by amount in row (9)
5.4 % | ||||||||
| 12 | Type of Reporting Person (See Instructions)
IN |
SCHEDULE 13G
|
| Item 1. | |
| (a) | Name of issuer:
BRIDGEWATER BANCSHARES, INC. |
| (b) | Address of issuer's principal executive offices:
4450 Excelsior Blvd., Suite 100, St. Louis Park, MN, 55416. |
| Item 2. | |
| (a) | Name of person filing:
Jerry Baack |
| (b) | Address or principal business office or, if none, residence:
4450 Excelsior Blvd., Suite 100, St. Louis Park, MN 55416 |
| (c) | Citizenship:
United States |
| (d) | Title of class of securities:
Common Stock |
| (e) | CUSIP No.:
108621103 |
| Item 4. | Ownership |
| (a) | Amount beneficially owned:
See the responses to Item 9 on the attached cover pages. |
| (b) | Percent of class:
See the responses to Item 11 on the attached cover pages.
Such response is based on 27,552,449 shares of common stock outstanding as of December 31, 2024, as reflected in the Issuer's Form 8-K dated January 29, 2025, as filed by the Issuer with the U.S. Securities and Exchange Commission on January 29, 2025. |
| (c) | Number of shares as to which the person has:
|
| (i) Sole power to vote or to direct the vote:
See the responses to Item 5 on the attached cover pages.
Such response (i) includes 290,000 shares of common stock underlying options that are currently exercisable or are exercisable within 60 days of December 31, 2024 and excludes 25,000 shares of common stock underlying options that are subject to vesting; (ii) includes 9,928 shares of restricted stock units that will vest within 60 days of December 31, 2024 and excludes 28,709 shares of restricted stock units that will not vest within 60 days of December 31, 2024; and (iii) includes 3,000 shares held by Mr. Baack as custodian for children. | |
| (ii) Shared power to vote or to direct the vote:
See the responses to Item 6 on the attached cover pages.
Such response includes 7,000 shares held jointly with Mr. Baack's spouse. | |
| (iii) Sole power to dispose or to direct the disposition of:
See the responses to Item 7 on the attached cover pages.
Such response (i) includes 290,000 shares of common stock underlying options that are currently exercisable or are exercisable within 60 days of December 31, 2024 and excludes 25,000 shares of common stock underlying options that are subject to vesting; (ii) includes 9,928 shares of restricted stock units that will vest within 60 days of December 31, 2024 and excludes 28,709 shares of restricted stock units that will not vest within 60 days of December 31, 2024; and (iii) includes 3,000 shares held by Mr. Baack as custodian for children. | |
| (iv) Shared power to dispose or to direct the disposition of:
See the responses to Item 8 on the attached cover pages.
Such response includes 7,000 shares held jointly with Mr. Baack's spouse. | |
| Item 6. | Ownership of more than 5 Percent on Behalf of Another Person. |
Not Applicable
| |
| Item 7. | Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person. |
Not Applicable
| |
| Item 8. | Identification and Classification of Members of the Group. |
Not Applicable
| |
| Item 9. | Notice of Dissolution of Group. |
Not Applicable
|
| Item 10. | Certifications: |
Not Applicable
|
| SIGNATURE | |
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
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|
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Comments accompanying signature: *Duly authorized under Power of Attorney incorporated herein by reference to the exhibit to the Schedule 13G filed by Jerry J. Baack on February 7, 2023.