Bryan McDonald - 22 Feb 2022 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Role
President and COO
Signature
Kaylene Lahn Attorney in Fact for Bryan McDonald
Issuer symbol
HFWA
Transactions as of
22 Feb 2022
Net transactions value
+$142,854
Form type
4
Filing time
24 Feb 2022, 17:03:00 UTC
Next filing
16 Mar 2022
SEC
View on sec.gov

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 HFWA Restricted Stock Units Award $71,427 +2,761 $25.87 2,761 22 Feb 2022 Common Stock 2,761 $0.000000 Direct F1, F2
transaction HFWA Performance Share Units Award $71,427 +2,761 $25.87 2,761 22 Feb 2022 Common Stock 2,761 $0.000000 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU Grant 2022
F2 Represents award pursuant to 2014 Omnibus Equity Plan; shares vest one third per year over a three year period. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting.
F3 PSU Grant 2022
F4 Represents stock performance unit granted pursuant to the 2014 Omnibus Equity Plan. Units vest after three years contingent on meeting performance metrics.