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

Signature
/s/ Allison R. Mahaney, Attorney-in-Fact for Derek J. Brown
Issuer symbol
FNWB
Transactions as of
07 Mar 2022
Transactions value $
$29,025
Form type
4
Filing time
09 Mar 2022, 16:08:16 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 -$8,671 -388 -1.72% $22.35 22,127 07 Mar 2022 Direct F1
transaction FNWB Common Stock Award $37,696 +1,668 +7.54% $22.6 23,795 07 Mar 2022 Direct F2, F3
holding FNWB Common Stock 3,393 07 Mar 2022 by 401(k)
holding FNWB Common Stock 4,560 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 2,000 shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan ("2015 Plan"), one-half of which will vest annually beginning on December 7, 2022; and 2,560 shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-half of which will vest annually beginning on September 7, 2022; and 2,574 shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually 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 annually beginning on March 7, 2023.
F3 Includes 2,000 shares of restricted stock granted under the 2015 Plan, one-half of which will vest annually beginning on December 7, 2022; and 2,560 shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually beginning on September 7, 2022; 2,574 shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually beginning on March 7, 2023; and 1,668 shares of stock granted under the 2020 Plan, one-third of which will vest annually beginning on March 7, 2023.