Stephanie Nicklaus - Aug 17, 2023 Form 3 Insider Report for FS Bancorp, Inc. (FSBW)

Role: Chief Credit Officer
Signature: /s/Stephanie Nicklaus
Stock symbol: FSBW
Transactions as of: Aug 17, 2023
Transactions value $: $0
Form type: 3
Date filed: 8/17/2023, 03:37 PM

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	FSBW	Common Stock						4K	Aug 17, 2023	Direct	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
holding	FSBW	Stock Option (Right to Buy)							Aug 17, 2023	Common Stock	12K	$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.