Matthew Deines - Mar 7, 2022 Form 4 Insider Report for First Northwest Bancorp (FNWB)

Role
President & CEO, Director
Signature
/s/ Allison R. Mahaney, Attorney-in-Fact, for Matthew P. Deines
Stock symbol
FNWB
Transactions as of
Mar 7, 2022
Transactions value $
$78,993
Form type
4
Date filed
3/9/2022, 03:54 PM
Previous filing
Jan 10, 2022
Next filing
May 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNWB Common Stock Tax liability -$20.7K -928 -1.29% $22.35 71.1K Mar 7, 2022 Direct F1
transaction FNWB Common Stock Award $99.7K +4.41K +6.21% $22.60 75.5K Mar 7, 2022 Direct F2, F3
holding FNWB Common Stock 2.61K Mar 7, 2022 by 401(k)
holding FNWB Common Stock 1.14K Mar 7, 2022 by ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 12,000 shares held in an IRA account; 7,440 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan ("2015 Plan"), one-third of which will vest per year beginning on August 7, 2022; 8,760 unvested shares of restricted stock under the 2015 Plan, one-third of which will vest per year beginning January 7, 2023; 2,000 unvested restricted shares granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-half of which will vest per year beginning on July 7, 2022; and 7,666 unvested restricted shares granted under the 2020 Plan, one-half of which will vest per year beginning March 7, 2023.
F2 Represents 4,413 shares of restricted stock granted under the 2020 Plan, one-third of which will vest per year beginning on March 7, 2023.
F3 Includes 12,000 shares held in an IRA account; 7,440 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan ("2015 Plan"), one-third of which will vest per year beginning on August 7, 2022; 8,760 unvested shares of restricted stock under the 2015 Plan, one-third of which will vest per year beginning January 7, 2023; 2,000 unvested restricted shares granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-half of which will vest per year beginning on July 7, 2022; 7,666 unvested restricted shares granted under the 2020 Plan, one-half of which will vest per year beginning March 7, 2023; and 4,413 unvested restricted shares granted under the 2020 Plan, one-third of which will vest per year beginning March 7, 2023.