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 *

Myers Timothy D		 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 & CEO
(Last)          (First)          (Middle)

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

4/27/2023
(Street)

NOVATO, CA 94947		 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
(City)        (State)        (Zip)
Rule 10b5-1(c) Transaction Indication
☐ Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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 4/27/2023  D  1481 D$0.00 40594 D  
Common Stock 4/27/2023  F  120 D$17.97 40474 D  
Common Stock         12120.9835 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) $22.94            (1)4/1/2024 Common Stock 1300  1300 D  
Stock Options (Right to buy) $25.375            (2)3/2/2025 Common Stock 2980  2980 D  
Stock Options (Right to buy) $24.825            (2)3/1/2026 Common Stock 5380  5380 D  
Stock Options (Right to buy) $34.80            (2)3/1/2027 Common Stock 3720  3720 D  
Stock Options (Right to buy) $33.575            (3)3/1/2028 Common Stock 2000  2000 D  
Stock Options (Right to buy) $33.575            (2)3/1/2028 Common Stock 4140  4140 D  
Stock Options (Right to Buy) $44.45            (2)3/1/2029 Common Stock 3600  3600 D  
Stock Options (Right to buy) $40.10            (2)3/2/2030 Common Stock 2670  2670 D  
Stock Options (Right to Buy) $38.25            (2)3/1/2031 Common Stock 2099  2099 D  
Stock Options (Right to Buy) $38.11           10/29/2021 10/29/2031 Common Stock 3616  3616 D  
Stock Options (Right to Buy) $34.03            (2)3/1/2032 Common Stock 4629  4629 D  
Explanation of Responses:
(1) Exercisable 20% per year beginning on first anniversary date of grant
(2) Exercisable 33% per year beginning on first anniversary date of grant
(3) Exercisable 33% immediately, then 33% per year on first anniversary date of grant.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Myers Timothy D
504 REDWOOD BOULEVARD, STE 100
NOVATO, CA 94947		X
President & CEO
Signatures
Krissy Meyer, Attorney-in-Fact5/1/2023
**Signature of Reporting PersonDate
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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