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

Role
President and COO
Signature
/s/Kaylene Lahn Attorney in Fact for Bryan McDonald
Issuer symbol
HFWA
Transactions as of
17 Mar 2025
Net transactions value
-$22,677
Form type
4
Filing time
18 Mar 2025, 17:52:56 UTC
Previous filing
27 Feb 2025
Next filing
24 Nov 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 $44,355 +1,866 +7.2% $23.77 27,919 17 Mar 2025 Direct
transaction HFWA Common Stock Options Exercise $52,484 +2,208 +7.9% $23.77 30,127 17 Mar 2025 Direct
transaction HFWA Common Stock Options Exercise $26,504 +1,115 +3.7% $23.77 31,242 17 Mar 2025 Direct
transaction HFWA Common Stock Tax liability $22,677 -954 -3.1% $23.77 30,288 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 $44,355 -1,866 -33% $23.77 3,733 17 Mar 2025 Common Stock 1,866 $0.000000 Direct F1, F2
transaction HFWA Performance Share Units Options Exercise $52,484 -2,208 -100% $23.77 0 17 Mar 2025 Common Stock 2,208 $0.000000 Direct F3
transaction HFWA Restricted Stock Units Options Exercise $26,504 -1,115 -50% $23.77 1,115 17 Mar 2025 Common Stock 1,115 $0.000000 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 RSU Grant February 2024
F3 Represents 2761 PSU's granted on 02/22/2022. Total 1,711 PSU's vested represents percentage of Target Payout.