Dennis V. O'Leary - 13 Aug 2021 Form 4 Insider Report for FS Bancorp, Inc. (FSBW)

Role: Chief Lending Officer
Signature: /s/ Dennis O'Leary
Issuer symbol: FSBW
Transactions as of: 13 Aug 2021
Net transactions value: -$47,516
Form type: 4
Filing time: 17 Aug 2021, 17:49:11 UTC
Next filing: 09 Nov 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FSBW	Common Stock	Award		+5,000	+9%		60,290	13 Aug 2021	Direct	F1
transaction	FSBW	Common Stock	Tax liability	$47,516	-1,340	-2.2%	$35.46	58,950	13 Aug 2021	Direct
holding	FSBW	Common Stock						33,000	13 Aug 2021	By IRA

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	FSBW	Stock Option (Right To Buy)	Award	$0	+15,000	+40%	$0.000000	52,500	13 Aug 2021	Common Stock	15,000	$35.46	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents award of restricted stock pursuant to the FS Bancorp, Inc. 2018 Equity Incentive Plan. Vests in equal installments of 20% per year beginning on August 13, 2022.
F2	Stock Options awarded pursuant to the FS Bancorp, Inc 2018 Equity Incentive Plan. Vests in equal installments of 20% per year beginning on August 13, 2022.