Vernon Hirata - 10 Mar 2022 Form 4 Insider Report for Territorial Bancorp Inc. (TBNK)

Role
Vice Chairman & Co-COO, General Counsel & Secretary
Signature
/s/ Ned A. Quint, pursuant to power of attorney
Issuer symbol
TBNK
Transactions as of
10 Mar 2022
Net transactions value
-$18,187
Form type
4
Filing time
14 Mar 2022, 17:51:52 UTC
Previous filing
08 Mar 2022
Next filing
15 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBNK Common Stock Award $0 +1,724 +2.1% $0.000000 85,381 10 Mar 2022 Direct F1, F2, F4
transaction TBNK Common Stock Tax liability $18,187 -731 -0.86% $24.88 84,650 10 Mar 2022 Direct F1, F2
holding TBNK Common Stock 44,987 10 Mar 2022 By 401(k) F3
holding TBNK Common Stock 15,600 10 Mar 2022 By Trust
holding TBNK Common Stock 12,931 10 Mar 2022 By ESOP F3
holding TBNK Common Stock 415 10 Mar 2022 By Spouse's ESOP F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes restricted stock units which vest at a rate of 1/3 per year commencing on March 12, 2021.
F2 Includes restricted stock units which vest at a rate of 1/3 per year commencing on April 5, 2022.
F3 Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
F4 Restricted stock units granted on March 7, 2019 subject to certain performance criteria. Performance criteria was met for the 3-year period ending December 31, 2021 and on March 10, 2022 shares vested.