Donald Hinson - 15 Mar 2022 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Role: EVPand Chief Financial Officer
Signature: /s/ Kaylene Lahn Attorney in Fact for Donald Hinson
Issuer symbol: HFWA
Transactions as of: 15 Mar 2022
Net transactions value: -$11,686
Form type: 4
Filing time: 16 Mar 2022, 18:33:45 UTC
Previous filing: 24 Feb 2022
Next filing: 24 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HFWA	Common Stock	Options Exercise	$12,705	+499	+1.5%	$25.46	34,413	15 Mar 2022	Direct
transaction	HFWA	Common Stock	Options Exercise	$17,389	+683	+2%	$25.46	35,096	15 Mar 2022	Direct
transaction	HFWA	Common Stock	Options Exercise	$16,473	+647	+1.8%	$25.46	35,743	15 Mar 2022	Direct
transaction	HFWA	Common Stock	Options Exercise	$15,225	+598	+1.7%	$25.46	36,341	15 Mar 2022	Direct
transaction	HFWA	Common Stock	Tax liability	$11,686	-459	-1.3%	$25.46	35,882	15 Mar 2022	Direct

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	Options Exercise	$12,705	-499	-100%	$25.46	0	15 Mar 2022	Common Stock	499	$0.000000	Direct
transaction	HFWA	Restricted Stock Units	Options Exercise	$17,389	-683	-50%	$25.46	683	15 Mar 2022	Common Stock	683	$0.000000	Direct
transaction	HFWA	Restricted Stock Units	Options Exercise	$16,473	-647	-33%	$25.46	1,313	15 Mar 2022	Common Stock	647	$0.000000	Direct
transaction	HFWA	Performance Share Units	Options Exercise	$15,225	-598	-100%	$25.46	0	15 Mar 2022	Common Stock	598	$0.000000	Direct	F1

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

Explanation of Responses:

Id	Content
F1	Represents 1,497 granted on 02/27/2019. Total 598 PSU's vested represents percentage of target payout.