Cindy M. Hirman - 15 Mar 2023 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Role
EVP Chief Banking Officer
Signature
/s/ Kaylene Lahn Attorney in Fact for Cindy M Hirman
Issuer symbol
HFWA
Transactions as of
15 Mar 2023
Net transactions value
-$15,661
Form type
4
Filing time
16 Mar 2023, 17:33:20 UTC
Previous filing
15 Dec 2022
Next filing
04 Apr 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 $11,438 +501 +2.5% $22.83 20,590 15 Mar 2023 Direct
transaction HFWA Common Stock Options Exercise $36,596 +1,603 +7.8% $22.83 22,193 15 Mar 2023 Direct
transaction HFWA Common Stock Options Exercise $12,077 +529 +2.4% $22.83 22,722 15 Mar 2023 Direct
transaction HFWA Common Stock Options Exercise $12,305 +539 +2.4% $22.83 23,261 15 Mar 2023 Direct
transaction HFWA Common Stock Options Exercise $9,840 +431 +1.9% $22.83 23,692 15 Mar 2023 Direct
transaction HFWA Common Stock Tax liability $15,661 -686 -2.9% $22.83 23,006 15 Mar 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 Restricted Stock Units Options Exercise $11,438 -501 -49% $22.83 516 15 Mar 2023 Common Stock 501 $0.000000 Direct
transaction HFWA Performance Share Units Options Exercise $36,596 -1,603 -100% $22.83 0 15 Mar 2023 Common Stock 1,603 $0.000000 Direct
transaction HFWA Restricted Stock Units Options Exercise $12,077 -529 -100% $22.83 0 15 Mar 2023 Common Stock 529 $0.000000 Direct
transaction HFWA Restricted Stock Units Options Exercise $12,305 -539 -33% $22.83 1,078 15 Mar 2023 Common Stock 539 $0.000000 Direct F1, F2
transaction HFWA Restricted Stock Units Options Exercise $9,840 -431 -20% $22.83 1,724 15 Mar 2023 Common Stock 431 $0.000000 Direct
* 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.