Jeffrey J. Deuel - Mar 17, 2025 Form 4 Insider Report for HERITAGE FINANCIAL CORP /WA/ (HFWA)

Role
CEO, Director
Signature
/s/ Kaylene Lahn Attorney in Fact for Jeffrey J. Deuel
Stock symbol
HFWA
Transactions as of
Mar 17, 2025
Transactions value $
-$218,586
Form type
4
Date filed
3/18/2025, 05:51 PM
Previous filing
Feb 27, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HFWA Common Stock Options Exercise $55.6K +2.34K +3.44% $23.77 70.4K Mar 17, 2025 Direct
transaction HFWA Common Stock Options Exercise $93.1K +3.92K +5.56% $23.77 74.3K Mar 17, 2025 Direct
transaction HFWA Common Stock Options Exercise $139K +5.84K +7.87% $23.77 80.1K Mar 17, 2025 Direct
transaction HFWA Common Stock Tax liability -$52.2K -2.2K -2.74% $23.77 77.9K Mar 17, 2025 Direct
transaction HFWA Common Stock Sale -$166K -7.03K -9.02% $23.66 70.9K Mar 17, 2025 Direct

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 HFWA Restricted Stock Units Options Exercise -$55.6K -2.34K -50% $23.77 2.34K Mar 17, 2025 Common Stock 2.34K $0.00 Direct F1
transaction HFWA Restricted Stock Units Options Exercise -$93.1K -3.92K -33.33% $23.77 7.83K Mar 17, 2025 Common Stock 3.92K $0.00 Direct F2, F3
transaction HFWA Performance Share Units Options Exercise -$139K -5.84K -100% $23.77 0 Mar 17, 2025 Common Stock 5.84K $0.00 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 RSU Grant 2023
F2 Represents award pursuant to 2024 Omnibus Equity Plan; shares vest one third per year over a three year period. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting.
F3 RSU Grant February 2024
F4 Represents 7,306 PSU's granted on 02/2/2022. Total 4,529 PSU's vested represents percentage of Target Payout.