Christopher J. Riffle - 07 Mar 2022 Form 4 Insider Report for First Northwest Bancorp (FNWB)

Signature
/s/ Allison R. Mahaney, Attorney-in-Fact for Christopher J. Riffle
Issuer symbol
FNWB
Transactions as of
07 Mar 2022
Transactions value $
$34,613
Form type
4
Filing time
09 Mar 2022, 15:59:17 UTC
Previous filing
08 Dec 2021
Next filing
07 Sep 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FNWB Common Stock Tax liability -$13.2K -590 -1.83% $22.35 31.7K 07 Mar 2022 Direct F1
transaction FNWB Common Stock Award $47.8K +2.12K +6.68% $22.60 33.8K 07 Mar 2022 Direct F2, F3
holding FNWB Common Stock 3.09K 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 6,000 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan ("2015 Plan"), one-half of which will vest per year beginning on July 7, 2022; 4,000 unvested shares of restricted stock granted under the 2015 Plan, one-half of which will vest per year beginning on December 7, 2022; 3,271 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-half of which will vest per year beginning on September 7, 2022; 3,920 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest per year beginning on March 7, 2023.
F2 Represents an award of unvested shares of restricted stock granted under the 2020 Plan, one-third of which will vest per year beginning on March 7, 2023.
F3 Includes 6,000 unvested shares of restricted stock granted under the 2015 Plan, one-half of which will vest per year beginning on July 7, 2022; 4,000 unvested shares of restricted stock granted under the 2015 Plan, one-half of which will vest per year beginning on December 7, 2022; 3,271 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest per year beginning on September 7, 2022; 3,920 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest per year beginning on March 7, 2023; and 2,115 unvested shares of restricted stock granted under the 2020 Plan, one-third of which will vest per year beginning on March 7, 2023.