Vernon Hirata - Mar 10, 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
Stock symbol
TBNK
Transactions as of
Mar 10, 2022
Transactions value $
-$18,187
Form type
4
Date filed
3/14/2022, 05:51 PM
Previous filing
Mar 8, 2022
Next filing
Mar 15, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TBNK Common Stock Award $0 +1.72K +2.06% $0.00 85.4K Mar 10, 2022 Direct F1, F2, F4
transaction TBNK Common Stock Tax liability -$18.2K -731 -0.86% $24.88 84.7K Mar 10, 2022 Direct F1, F2
holding TBNK Common Stock 45K Mar 10, 2022 By 401(k) F3
holding TBNK Common Stock 15.6K Mar 10, 2022 By Trust
holding TBNK Common Stock 12.9K Mar 10, 2022 By ESOP F3
holding TBNK Common Stock 415 Mar 10, 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.