Derek J. Brown - Mar 7, 2022 Form 4 Insider Report for First Northwest Bancorp (FNWB)

Signature
/s/ Allison R. Mahaney, Attorney-in-Fact for Derek J. Brown
Stock symbol
FNWB
Transactions as of
Mar 7, 2022
Transactions value $
$29,025
Form type
4
Date filed
3/9/2022, 04:08 PM
Previous filing
Dec 8, 2021
Next filing
Sep 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNWB Common Stock Tax liability -$8.67K -388 -1.72% $22.35 22.1K Mar 7, 2022 Direct F1
transaction FNWB Common Stock Award $37.7K +1.67K +7.54% $22.60 23.8K Mar 7, 2022 Direct F2, F3
holding FNWB Common Stock 3.39K Mar 7, 2022 by 401(k)
holding FNWB Common Stock 4.56K 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 2,000 shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan ("2015 Plan"), one-half of which will vest annually beginning on December 7, 2022; and 2,560 shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-half of which will vest annually beginning on September 7, 2022; and 2,574 shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually beginning on March 7, 2023.
F2 Represents an award of unvested shares of restricted stock granted under the 2020 Plan, one-third of which will vest annually beginning on March 7, 2023.
F3 Includes 2,000 shares of restricted stock granted under the 2015 Plan, one-half of which will vest annually beginning on December 7, 2022; and 2,560 shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually beginning on September 7, 2022; 2,574 shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually beginning on March 7, 2023; and 1,668 shares of stock granted under the 2020 Plan, one-third of which will vest annually beginning on March 7, 2023.