James Endrizzi - May 11, 2023 Form 4 Insider Report for WASHINGTON FEDERAL INC (WAFD)

Role: EVP & Chief Commercial Banker
Signature: Kelli Holz, Attorney-in-fact
Stock symbol: WAFD
Transactions as of: May 11, 2023
Transactions value $: $9,956
Form type: 4
Date filed: 5/12/2023, 01:34 PM
Previous filing: Mar 13, 2023
Next filing: Nov 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	* Price $	Shares After	Date	Ownership	Footnotes
transaction	WAFD	Depositary Shares of Series A Preferred Stock	Purchase	$9.96K	+748	$13.31	748	May 11, 2023	Direct	F1
holding	WAFD	Common Stock					116K	May 11, 2023	Direct	F2
holding	WAFD	Common Stock					211	May 11, 2023	By 401(k)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	WAFD	Non-Qualified Stock Option (right to buy)						695	May 11, 2023	Common Stock	695	$28.16	Direct

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Depositary Share represents a 1/40th interest in a share of 4.875% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, ("Series A Preferred Stock").
F2	66,225 shares of this total represents stock units awarded pursuant to a Supplemental Executive Retirement Plan ("SERP") for the benefit of the reporting person based on a stock price of $31.71 per share. The stock units vest increasingly upon the reporting owner's retirement age as follows: 0% prior to retirement age of 62, 80% at age of 62, 90% at age 63, and 100% at age of 64. The stock units will be settled in shares of WAFD common stock in accordance with the terms of the SERP.

Content

Each Depositary Share represents a 1/40th interest in a share of 4.875% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, ("Series A Preferred Stock").

66,225 shares of this total represents stock units awarded pursuant to a Supplemental Executive Retirement Plan ("SERP") for the benefit of the reporting person based on a stock price of $31.71 per share. The stock units vest increasingly upon the reporting owner's retirement age as follows: 0% prior to retirement age of 62, 80% at age of 62, 90% at age 63, and 100% at age of 64. The stock units will be settled in shares of WAFD common stock in accordance with the terms of the SERP.