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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OMB Number: 3235-0287
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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 *

Gotelli Robert 		2. Issuer Name and Ticker or Trading Symbol

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

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Executive Vice President
(Last)          (First)          (Middle)

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

3/25/2019
(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   3/25/2019     X    3100   A $11.125   14046   D    
Common Stock                  11916.0006   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)   $11.125   3/25/2019     X         3100      (1) 4/1/2019   Common Stock   3100   $11.125   0   D    
Stock Options (Right to buy)   $16.55                      (1) 4/1/2020   Common Stock   1400     1400   D    
Stock Options (Right to buy)   $19.00                      (1) 4/1/2021   Common Stock   1400     1400   D    
Stock Options (Right to buy)   $19.09                      (1) 4/2/2022   Common Stock   2200     2200   D    
Stock Options (Right to buy)   $19.675                      (1) 4/1/2023   Common Stock   1400     1400   D    
Stock Options (Right to Buy)   $22.94                      (1) 4/1/2024   Common Stock   1300     1300   D    
Stock Options (Right to buy)   $25.375                      (1) 3/2/2025   Common Stock   2200     2200   D    
Stock Options (Right to buy)   $24.825                      (2) 3/1/2026   Common Stock   2400     2400   D    
Stock Options (Right to buy)   $34.80                      (2) 3/1/2027   Common Stock   1560     1560   D    
Stock Options (Right to buy)   $33.575                      (2) 3/1/2028   Common Stock   1740     1740   D    
Stock Options (Right to buy)   $33.575                      (3) 3/1/2028   Common Stock   980     980   D    
Stock Options (Right to Buy)   $44.45                      (2) 3/1/2029   Common Stock   1580     1580   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
Director 10% Owner Officer Other
Gotelli Robert
504 REDWOOD BOULEVARD, SUITE 100
NOVATO, CA 94947

Executive Vice President

Signatures
Nancy R. Boatright, Attorney-in-Fact 3/25/2019
** Signature of Reporting Person Date


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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