Ben Crowl - Aug 15, 2023 Form 4 Insider Report for FS Bancorp, Inc. (FSBW)

Role: Chief Lending Officer
Signature: /s/Benjamin Crowl
Stock symbol: FSBW
Transactions as of: Aug 15, 2023
Transactions value $: $0
Form type: 4
Date filed: 8/17/2023, 12:57 PM
Previous filing: Aug 8, 2023
Next filing: Nov 8, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSBW	Common Stock	Award		+2.5K	+33.42%		9.98K	Aug 15, 2023	Direct	F1
holding	FSBW	Common Stock						111	Aug 15, 2023	Direct
holding	FSBW	Common Stock						952	Aug 15, 2023	By ESOP

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	+7.5K	+50.13%	$0.00	22.5K	Aug 15, 2023	Common Stock	7.5K	$30.73	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 15, 2024.
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 15, 2024.