MATTHEW DEINES - 07 Jan 2023 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 Jan 2023
Transactions value $: -$13,510
Form type: 4
Filing time: 10 Jan 2023, 16:03:06 UTC
Previous filing: 30 Nov 2022
Next filing: 08 Mar 2023
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	-$13,509	-883	-1.1%	$15.3	79,020	07 Jan 2023	Direct	F1
holding	FNWB	Common Stock						4,051	07 Jan 2023	By 401(k) Plan
holding	FNWB	Common Stock						1,135	07 Jan 2023	by ESOP

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

Explanation of Responses:

Id	Content
F1	Includes 17,250 shares held in an IRA account; 4,960 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 August 7, 2023; 5,840 unvested shares of restricted stock under the 2015 Plan, one-half of which will vest per year beginning January 7, 2024; 1,000 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on July 7, 2023; 7,666 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest per year beginning March 7, 2023; and 4,413 unvested shares of restricted stock granted under the 2020 Plan, one-third of which will vest per year beginning March 7, 2023.

Content

Includes 17,250 shares held in an IRA account; 4,960 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 August 7, 2023; 5,840 unvested shares of restricted stock under the 2015 Plan, one-half of which will vest per year beginning January 7, 2024; 1,000 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on July 7, 2023; 7,666 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest per year beginning March 7, 2023; and 4,413 unvested shares of restricted stock granted under the 2020 Plan, one-third of which will vest per year beginning March 7, 2023.