Jeffrey J. Deuel - Mar 15, 2023 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Role
CEO, Director
Signature
/s/ Kaylene Lahn Attorney in Fact for Jeffrey J. Deuel
Stock symbol
HFWA
Transactions as of
Mar 15, 2023
Transactions value $
-$55,705
Form type
4
Date filed
3/16/2023, 05:34 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 $160K +7.01K +14.47% $22.83 55.4K Mar 15, 2023 Direct
transaction HFWA Common Stock Options Exercise $52.8K +2.31K +4.17% $22.83 57.7K Mar 15, 2023 Direct
transaction HFWA Common Stock Options Exercise $50K +2.19K +3.79% $22.83 59.9K Mar 15, 2023 Direct
transaction HFWA Common Stock Options Exercise $55.6K +2.44K +4.06% $22.83 62.4K Mar 15, 2023 Direct
transaction HFWA Common Stock Tax liability -$55.7K -2.44K -3.91% $22.83 59.9K 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 -$160K -7.01K -100% $22.83 0 Mar 15, 2023 Common Stock 7.01K $0.00 Direct
transaction HFWA Restricted Stock Units Options Exercise -$52.8K -2.31K -100% $22.83 0 Mar 15, 2023 Common Stock 2.31K $0.00 Direct
transaction HFWA Restricted Stock Units Options Exercise -$50K -2.19K -49.27% $22.83 2.26K Mar 15, 2023 Common Stock 2.19K $0.00 Direct F1
transaction HFWA Restricted Stock Units Options Exercise -$55.6K -2.44K -33.33% $22.83 4.87K Mar 15, 2023 Common Stock 2.44K $0.00 Direct F2, F3
* 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.