Donald Hinson - Mar 15, 2023 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
Stock symbol
HFWA
Transactions as of
Mar 15, 2023
Transactions value $
-$16,186
Form type
4
Date filed
3/16/2023, 05:33 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 $47.3K +2.07K +5.77% $22.83 38K Mar 15, 2023 Direct
transaction HFWA Common Stock Options Exercise $14.8K +647 +1.7% $22.83 38.6K Mar 15, 2023 Direct
transaction HFWA Common Stock Options Exercise $15.4K +676 +1.75% $22.83 39.3K Mar 15, 2023 Direct
transaction HFWA Common Stock Options Exercise $15.6K +683 +1.74% $22.83 40K Mar 15, 2023 Direct
transaction HFWA Common Stock Tax liability -$16.2K -709 -1.77% $22.83 39.2K 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 -$47.3K -2.07K -100% $22.83 0 Mar 15, 2023 Common Stock 2.07K $0.00 Direct
transaction HFWA Restricted Stock Units Options Exercise -$14.8K -647 -49.28% $22.83 666 Mar 15, 2023 Common Stock 647 $0.00 Direct F1
transaction HFWA Restricted Stock Units Options Exercise -$15.4K -676 -33.32% $22.83 1.35K Mar 15, 2023 Common Stock 676 $0.00 Direct F2, F3
transaction HFWA Restricted Stock Units Options Exercise -$15.6K -683 -100% $22.83 0 Mar 15, 2023 Common Stock 683 $0.00 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU Grant 2021
F2 RSU Grant 2022
F3 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.