Bryan McDonald - 15 Mar 2024 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Role
President and COO
Signature
/s/Kaylene Lahn POA for Bryan McDonald
Issuer symbol
HFWA
Transactions as of
15 Mar 2024
Net transactions value
-$11,984
Form type
4
Filing time
18 Mar 2024, 16:43:21 UTC
Previous filing
28 Feb 2024
Next filing
27 Feb 2025
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 $20,475 +1,114 +4.9% $18.38 23,869 15 Mar 2024 Direct
transaction HFWA Common Stock Options Exercise $19,042 +1,036 +4.3% $18.38 24,905 15 Mar 2024 Direct
transaction HFWA Common Stock Options Exercise $16,910 +920 +3.7% $18.38 25,825 15 Mar 2024 Direct
transaction HFWA Common Stock Options Exercise $16,174 +880 +3.4% $18.38 26,705 15 Mar 2024 Direct
transaction HFWA Common Stock Tax liability $11,984 -652 -2.4% $18.38 26,053 15 Mar 2024 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 $20,475 -1,114 -33% $18.38 2,230 15 Mar 2024 Common Stock 1,114 $0.000000 Direct
transaction HFWA Performance Share Units Options Exercise $19,042 -1,036 -100% $18.38 0 15 Mar 2024 Common Stock 1,036 $0.000000 Direct F1
transaction HFWA Restricted Stock Units Options Exercise $16,910 -920 -50% $18.38 921 15 Mar 2024 Common Stock 920 $0.000000 Direct F2, F3
transaction HFWA Restricted Stock Units Options Exercise $16,174 -880 -100% $18.38 0 15 Mar 2024 Common Stock 880 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock unit granted from 2014 Omnibus Equity Plan. Units adjusted based on performance metrics.
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.