Bryan McDonald - Feb 22, 2023 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Role
President and COO
Signature
/s/Kaylene Lahn POA for Bryan McDonald
Stock symbol
HFWA
Transactions as of
Feb 22, 2023
Transactions value $
$189,165
Form type
4
Date filed
2/24/2023, 11:06 AM
Previous filing
Mar 16, 2022
Next filing
Mar 16, 2023

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 $94.6K +3.34K $28.28 3.34K Feb 22, 2023 Common Stock 3.34K $0.00 Direct F1, F2
transaction HFWA Performance Share Units Award $94.6K +3.35K $28.28 3.35K Feb 22, 2023 Common Stock 3.35K $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 2023
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 02/22/23
F4 Represents stock performance unit granted pursuant to the 2014 Omnibus Equity Plan. Units vest after three years contingent on meeting performance metrics.