Dennis V. O'Leary - Aug 13, 2021 Form 4 Insider Report for FS Bancorp, Inc. (FSBW)

Role: Chief Lending Officer
Signature: /s/ Dennis O'Leary
Stock symbol: FSBW
Transactions as of: Aug 13, 2021
Transactions value $: -$47,516
Form type: 4
Date filed: 8/17/2021, 05:49 PM
Next filing: Nov 9, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSBW	Common Stock	Award		+5K	+9.04%		60.3K	Aug 13, 2021	Direct	F1
transaction	FSBW	Common Stock	Tax liability	-$47.5K	-1.34K	-2.22%	$35.46	59K	Aug 13, 2021	Direct
holding	FSBW	Common Stock						33K	Aug 13, 2021	By IRA

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
transaction	FSBW	Stock Option (Right To Buy)	Award	$0	+15K	+40%	$0.00	52.5K	Aug 13, 2021	Common Stock	15K	$35.46	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2018 Equity Incentive Plan. Vests in equal installments of 20% per year beginning on August 13, 2022.
F2	Stock Options awarded pursuant to the FS Bancorp, Inc 2018 Equity Incentive Plan. Vests in equal installments of 20% per year beginning on August 13, 2022.