Jeffrey J. Deuel - Feb 22, 2022 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Signature
/s/ Kaylene Lahn Attorney in Fact for Jeffrey J. Deuel
Stock symbol
HFWA
Transactions as of
Feb 22, 2022
Transactions value $
$378,012
Form type
4
Date filed
2/24/2022, 05:04 PM
Next filing
Mar 16, 2022

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 $189K +7.31K $25.87 7.31K Feb 22, 2022 Common Stock 7.31K $0.00 Direct F1, F2
transaction HFWA Performance Share Units Award $189K +7.31K $25.87 7.31K Feb 22, 2022 Common Stock 7.31K $0.00 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.