Derek J. Brown - 07 Mar 2023 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: 07 Mar 2023
Transactions value $: -$7,770
Form type: 4
Filing time: 08 Mar 2023, 11:36:25 UTC
Previous filing: 09 Dec 2022
Next filing: 11 Sep 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	-$7.77K	-559	-2.41%	$13.90	22.7K	07 Mar 2023	Direct	F1
holding	FNWB	Common Stock						3.45K	07 Mar 2023	by 401(k)
holding	FNWB	Common Stock						5.44K	07 Mar 2023	by ESOP

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

Explanation of Responses:

Id	Content
F1	Includes 1,000 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan, which will vest in full on December 7, 2023; 1,280 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on September 7, 2023; and 1,287 unvested shares of restricted stock granted under the 2020 Plan, which will vest in full on March 7, 2024; and 1,112 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually beginning on March 7, 2024.

Content

Includes 1,000 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan, which will vest in full on December 7, 2023; 1,280 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on September 7, 2023; and 1,287 unvested shares of restricted stock granted under the 2020 Plan, which will vest in full on March 7, 2024; and 1,112 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest annually beginning on March 7, 2024.