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)

10/22/2019
(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  10/22/2019    S(1)    400  D $43.25  40669  I  By Trust 
Common Stock  10/22/2019    S(1)    100  D $44.27  40569  I  By Trust 
Common Stock  10/24/2019    S(1)    200  D $43.60  40369  I  By Trust 
Common Stock  10/24/2019    S(1)    100  D $44.15  40269  I  By Trust 
Common Stock  10/24/2019    S(1)    100  D $44.04  40169  I  By Trust 
Common Stock  10/24/2019    S(1)    100  D $44.20  40069  I  By Trust 
Common Stock                 19390  D   
Common Stock                 11992.9728  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 Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. 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 Date 7. 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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Options (Right to buy)  $16.55                   (2) 4/1/2020  Common Stock  9000    9000  D   
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 August 30, 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
Director 10% Owner Officer Other
Colombo Russell A
504 REDWOOD BOULEVARD, SUITE 100
NOVATO, CA 94947
X
President and CEO

Signatures
Nancy R. Boatright, Attorney-in-Fact 10/24/2019
**Signature of Reporting Person Date


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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 control number.
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