Item 8.01 Other Events

On November 12, 2021, Russell A. Colombo, a member of the Board of Directors of Bank of Marin Bancorp and Bank of Marin, entered into a 10b5-1 Sales Plan (the "Plan") providing for the sale of up to an aggregate of $1.0 million in holdings of BMRC common stock over time representing approximately 26,000 shares. Mr. Colombo entered into the Plan based on his financial advisor's advice to diversify his equity investments. Sales under the Plan are authorized to begin on December 12, 2021 and end on the earlier of reaching $1.0 million in total sales proceeds or May 12, 2022. Mr. Colombo will continue to maintain significant ownership of BMRC shares.

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