Matthew Deines - May 3, 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: May 3, 2022
Transactions value $: $26,922
Form type: 4
Date filed: 5/5/2022, 03:48 PM
Previous filing: Mar 9, 2022
Next filing: Jun 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FNWB	Common Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$26.9K	+1.43K	+53.36%	$18.84	4.11K	May 3, 2022	By 401(k) Plan
holding	FNWB	Common Stock						75.5K	May 3, 2022	Direct	F1

* 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; 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.

Content

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.