Tony Chalfant - 17 Mar 2025 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Role
EVP Chief Credit Officer
Signature
/s/ Kaylene Lahn Attorney in Fact for Tony Chalfant
Issuer symbol
HFWA
Transactions as of
17 Mar 2025
Net transactions value
-$16,877
Form type
4
Filing time
18 Mar 2025, 17:51:16 UTC
Previous filing
27 Feb 2025
Next filing
17 Jun 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 $33,278 +1,400 +7% $23.77 21,519 17 Mar 2025 Direct
transaction HFWA Common Stock Options Exercise $17,423 +733 +3.4% $23.77 22,252 17 Mar 2025 Direct
transaction HFWA Common Stock Options Exercise $13,882 +584 +2.6% $23.77 22,836 17 Mar 2025 Direct
transaction HFWA Common Stock Options Exercise $29,166 +1,227 +5.4% $23.77 24,063 17 Mar 2025 Direct
transaction HFWA Common Stock Tax liability $16,877 -710 -3% $23.77 23,353 17 Mar 2025 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 $33,278 -1,400 -100% $23.77 0 17 Mar 2025 Common Stock 1,400 $0.000000 Direct F1
transaction HFWA Restricted Stock Units Options Exercise $17,423 -733 -50% $23.77 733 17 Mar 2025 Common Stock 733 $0.000000 Direct F2
transaction HFWA Restricted Stock Units Options Exercise $13,882 -584 -100% $23.77 0 17 Mar 2025 Common Stock 584 $0.000000 Direct F3, F4
transaction HFWA Restricted Stock Units Options Exercise $29,166 -1,227 -33% $23.77 2,455 17 Mar 2025 Common Stock 1,227 $0.000000 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents 1,751 granted on 02/22/2022. Total 1400 PSU's vested represents percentage of target payout.
F2 RSU Grant 2023
F3 RSU Grant 2022
F4 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.
F5 RSU Grant February 2024
F6 Represents award pursuant to 2024 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.