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

Role: EVP, Chief HR/Marketing Off.
Signature: /s/ Allison R. Mahaney, Attorney-in-Fact for Derek J. Brown
Stock symbol: FNWB
Transactions as of: Sep 7, 2022
Transactions value $: -$5,152
Form type: 4
Date filed: 9/7/2022, 07:16 PM
Previous filing: Mar 9, 2022
Next filing: Dec 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FNWB	Common Stock	Tax liability	-$5.15K	-318	-1.34%	$16.20	23.5K	Sep 7, 2022	Direct	F1
holding	FNWB	Common Stock						3.39K	Sep 7, 2022	by 401(k)
holding	FNWB	Common Stock						4.56K	Sep 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 unvested 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 1,280 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on September 7, 2023; 2,574 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually beginning on March 7, 2023; and 1,668 unvested shares of restricted stock granted under the 2020 Plan, one-third of which will vest annually beginning on March 7, 2023.

Content

Includes 2,000 unvested 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 1,280 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on September 7, 2023; 2,574 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually beginning on March 7, 2023; and 1,668 unvested shares of restricted stock granted under the 2020 Plan, one-third of which will vest annually beginning on March 7, 2023.