Jeffrey J. Deuel - 17 Mar 2025 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Role
CEO, Director
Signature
/s/ Kaylene Lahn Attorney in Fact for Jeffrey J. Deuel
Issuer symbol
HFWA
Transactions as of
17 Mar 2025
Net transactions value
-$218,586
Form type
4
Filing time
18 Mar 2025, 17:51:38 UTC
Previous filing
27 Feb 2025
Next filing
07 May 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 $55,598 +2,339 +3.4% $23.77 70,376 17 Mar 2025 Direct
transaction HFWA Common Stock Options Exercise $93,060 +3,915 +5.6% $23.77 74,291 17 Mar 2025 Direct
transaction HFWA Common Stock Options Exercise $138,912 +5,844 +7.9% $23.77 80,135 17 Mar 2025 Direct
transaction HFWA Common Stock Tax liability $52,199 -2,196 -2.7% $23.77 77,939 17 Mar 2025 Direct
transaction HFWA Common Stock Sale $166,387 -7,033 -9% $23.66 70,906 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 Restricted Stock Units Options Exercise $55,598 -2,339 -50% $23.77 2,339 17 Mar 2025 Common Stock 2,339 $0.000000 Direct F1
transaction HFWA Restricted Stock Units Options Exercise $93,060 -3,915 -33% $23.77 7,832 17 Mar 2025 Common Stock 3,915 $0.000000 Direct F2, F3
transaction HFWA Performance Share Units Options Exercise $138,912 -5,844 -100% $23.77 0 17 Mar 2025 Common Stock 5,844 $0.000000 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU Grant 2023
F2 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.
F3 RSU Grant February 2024
F4 Represents 7,306 PSU's granted on 02/2/2022. Total 4,529 PSU's vested represents percentage of Target Payout.