MATTHEW DEINES - 07 Mar 2022 Form 4 Insider Report for First Northwest Bancorp (FNWB)

Role
President & CEO, Director
Signature
/s/ Allison R. Mahaney, Attorney-in-Fact, for Matthew P. Deines
Issuer symbol
FNWB
Transactions as of
07 Mar 2022
Transactions value $
$78,993
Form type
4
Filing time
09 Mar 2022, 15:54:08 UTC
Previous filing
10 Jan 2022
Next filing
05 May 2022
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 -$20,740 -928 -1.29% $22.35 71,088 07 Mar 2022 Direct F1
transaction FNWB Common Stock Award $99,733 +4,413 +6.21% $22.6 75,501 07 Mar 2022 Direct F2, F3
holding FNWB Common Stock 2,605 07 Mar 2022 by 401(k)
holding FNWB Common Stock 1,135 07 Mar 2022 by ESOP
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 12,000 shares held in an IRA account; 7,440 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan ("2015 Plan"), one-third of which will vest per year beginning on August 7, 2022; 8,760 unvested shares of restricted stock under the 2015 Plan, one-third of which will vest per year beginning January 7, 2023; 2,000 unvested restricted shares granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-half of which will vest per year beginning on July 7, 2022; and 7,666 unvested restricted shares granted under the 2020 Plan, one-half of which will vest per year beginning March 7, 2023.
F2 Represents 4,413 shares of restricted stock granted under the 2020 Plan, one-third of which will vest per year beginning on March 7, 2023.
F3 Includes 12,000 shares held in an IRA account; 7,440 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan ("2015 Plan"), one-third of which will vest per year beginning on August 7, 2022; 8,760 unvested shares of restricted stock under the 2015 Plan, one-third of which will vest per year beginning January 7, 2023; 2,000 unvested restricted shares granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-half of which will vest per year beginning on July 7, 2022; 7,666 unvested restricted shares granted under the 2020 Plan, one-half of which will vest per year beginning March 7, 2023; and 4,413 unvested restricted shares granted under the 2020 Plan, one-third of which will vest per year beginning March 7, 2023.