Geraldine L. Bullard - Mar 7, 2022 Form 4 Insider Report for First Northwest Bancorp (FNWB)

Role
EVP/CFO/Principal Acc't Off.
Signature
/s/ Allison R. Mahaney, Attorney-in-Fact, for Geraldine L. Bullard
Stock symbol
FNWB
Transactions as of
Mar 7, 2022
Transactions value $
$27,626
Form type
4
Date filed
3/9/2022, 04:04 PM
Previous filing
Dec 13, 2021
Next filing
May 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNWB Common Stock Tax liability -$17K -760 -3.45% $22.35 21.3K Mar 7, 2022 Direct F1
transaction FNWB Common Stock Award $44.6K +1.97K +9.28% $22.60 23.3K Mar 7, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 3,000 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan ("2015 Plan"), one-third of which will vest annually beginning on March 7, 2023; 10,000 unvested shares of restricted stock granted under the 2015 Plan, one-fourth of which will vest annually beginning on May 1, 2022; and 3,048 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-half of which will vest per year beginning on March 7, 2023.
F2 Represents an award of shares of restricted stock under the 2020 Plan, which will vest in installments of one-third beginning on March 7, 2023.
F3 Includes 3,000 unvested shares of restricted stock granted under the 2015 Plan, one-third of which will vest annually beginning on March 7, 2023; 10,000 unvested shares of restricted stock granted under the 2015 Plan, one-fourth of which will vest annually beginning on May 1, 2022; 3,048 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest per year beginning on March 7, 2023; and 1,974 unvested shares of restricted stock granted under the 2020 Plan, one-third of which will vest per year beginning on March 7, 2023.