Robert A. Drugge - 01 Mar 2022 Form 4 Insider Report for TIMBERLAND BANCORP INC (TSBK)

Role: EVP
Signature: /s/Robert A. Drugge
Issuer symbol: TSBK
Transactions as of: 01 Mar 2022
Net transactions value: +$45,000
Form type: 4
Filing time: 02 Mar 2022, 09:23:34 UTC
Previous filing: 30 Sep 2021
Next filing: 29 Sep 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TSBK	Common Stock, $0.01 par value per share	Options Exercise	$45,000	+5,000	+22%	$9.00	28,000	01 Mar 2022	Direct
holding	TSBK	Common Stock, $0.01 par value per share						6,758	01 Mar 2022	By KSOP	F1

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	TSBK	Stock Options (right to buy)	Options Exercise	$0	-5,000	-19%	$0.000000	21,100	01 Mar 2022	Common Stock	5,000	$9.00	Direct

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

Explanation of Responses:

Id	Content
F1	Represents shares held in the Timberland Bank Employee Stock Ownership and 401(k) Plan ("KSOP")