Bryan McDonald - Mar 15, 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
Mar 15, 2023
Transactions value $
-$21,552
Form type
4
Date filed
3/16/2023, 05:32 PM
Previous filing
Feb 24, 2023
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFWA Common Stock Options Exercise $62.5K +2.74K +14.96% $22.83 21K Mar 15, 2023 Direct
transaction HFWA Common Stock Options Exercise $20.6K +903 +4.3% $22.83 21.9K Mar 15, 2023 Direct
transaction HFWA Common Stock Options Exercise $19.5K +855 +3.9% $22.83 22.8K Mar 15, 2023 Direct
transaction HFWA Common Stock Options Exercise $21K +920 +4.04% $22.83 23.7K Mar 15, 2023 Direct
transaction HFWA Common Stock Tax liability -$21.6K -944 -3.98% $22.83 22.8K Mar 15, 2023 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 Performance Share Units Options Exercise -$62.5K -2.74K -100% $22.83 0 Mar 15, 2023 Common Stock 2.74K $0.00 Direct
transaction HFWA Restricted Stock Units Options Exercise -$20.6K -903 -100% $22.83 0 Mar 15, 2023 Common Stock 903 $0.00 Direct
transaction HFWA Restricted Stock Units Options Exercise -$19.5K -855 -49.28% $22.83 880 Mar 15, 2023 Common Stock 855 $0.00 Direct
transaction HFWA Restricted Stock Units Options Exercise -$21K -920 -33.32% $22.83 1.84K Mar 15, 2023 Common Stock 920 $0.00 Direct F1, F2
* 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.