FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Colombo Russell A
2. Issuer Name and Ticker or Trading Symbol

Bank of Marin Bancorp [ BMRC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President and CEO
(Last)          (First)          (Middle)

504 REDWOOD BOULEVARD, SUITE 100
3. Date of Earliest Transaction (MM/DD/YYYY)

2/18/2020
(Street)

NOVATO, CA 94947
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 2/18/2020  S(1)  500 D$44.047 30652 I By Trust 
Common Stock         19390 D  
Common Stock         12109.1447 I By ESOP 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (Right to buy) $19.00            (2)4/1/2021 Common Stock 8600  8600 D  
Stock Options (Right to buy) $19.09            (2)4/2/2022 Common Stock 13800  13800 D  
Stock Options (Right to buy) $19.675            (2)4/1/2023 Common Stock 8200  8200 D  
Stock Options (Right to Buy) $22.94            (2)4/1/2024 Common Stock 8400  8400 D  
Stock Options (Right to buy) $25.375            (3)3/2/2025 Common Stock 14340  14340 D  
Stock Options (Right to buy) $24.825            (3)3/1/2026 Common Stock 14820  14820 D  
Stock Options (Right to buy) $34.80            (3)3/1/2027 Common Stock 10360  10360 D  
Stock Options (Right to buy) $33.575            (3)3/1/2028 Common Stock 11540  11540 D  
Stock Options (Right to buy) $33.575            (4)3/1/2028 Common Stock 5420  5420 D  
Stock Options (Right to Buy) $44.45            (3)3/1/2029 Common Stock 10030  10030 D  

Explanation of Responses:
(1) The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 25, 2019.
(2) Exercisable 20% per year beginning on first anniversary date of grant
(3) Exercisable 33% per year beginning on first anniversary date of grant
(4) Exercisable 33% immediately, then 33% per year on first anniversary date of grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Colombo Russell A
504 REDWOOD BOULEVARD, SUITE 100
NOVATO, CA 94947
X
President and CEO

Signatures
Nancy R. Boatright, Attorney-in-Fact2/20/2020
**Signature of Reporting PersonDate

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