Derek J. Brown - 06 Jul 2021 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
Issuer symbol: FNWB
Transactions as of: 06 Jul 2021
Transactions value $: -$12,585
Form type: 4
Filing time: 07 Jul 2021, 12:37:51 UTC
Next filing: 08 Dec 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	FNWB	Common Stock	Tax liability	-$12,584	-709	-2.98%	$17.75	23,071	06 Jul 2021	Direct	F1
holding	FNWB	Common Stock						3,167	06 Jul 2021	by 401(k)
holding	FNWB	Common Stock						3,372	06 Jul 2021	by ESOP

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

Explanation of Responses:

Id	Content
F1	Includes 3,000 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan, of which one-third will vest per year beginning on December 7, 2021; 3,839 unvested shares of restricted stock under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-third of which one-third will vest per year beginning on September 7, 2021; and 3,861 unvested shares of restricted stock under the 2020 Plan, one-third of which one-third will vest per year beginning on March 7, 2022.

Content

Includes 3,000 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan, of which one-third will vest per year beginning on December 7, 2021; 3,839 unvested shares of restricted stock under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-third of which one-third will vest per year beginning on September 7, 2021; and 3,861 unvested shares of restricted stock under the 2020 Plan, one-third of which one-third will vest per year beginning on March 7, 2022.