First Northwest Bancorp

08/10/2022 | Press release | Distributed by Public on 08/10/2022 12:09

Statement of Changes in Beneficial Ownership - Form 4

Ownership Submission
FORM 4
Check this box if no longer subject to Section 16, Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person *
DEINES MATTHEW
2. Issuer Name and Ticker or Trading Symbol
First Northwest Bancorp [FNWB]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
President / CEO /
(Last) (First) (Middle)
105 W. 8TH STREET
3. Date of Earliest Transaction (Month/Day/Year)
(Street)
PORT ANGELES WA 98362
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Join/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code 4. Securities Acquired (A) or Disposed of (D) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) 6. Ownership Form: Direct (D) or Indirect (I) 7. Nature of Indirect Beneficial Ownership
Code V Amount (A) or (D) Price
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code 5. Number of Derivative Securities Acquired (A) or Disposed of (D) 6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security 8. Price of Derivative Security 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) 11. Nature of Indirect Beneficial Ownership
Code V (A) (D) Date Exercisable Expriation Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DEINES MATTHEW
105 W. 8TH STREET

PORT ANGELES, WA98362
X
President / CEO

Signatures

/s/ Allison R. Mahaney, Attorney-in-Fact, for Matthew P. Deines 2022-08-10
**Signature of Reporting Person Date

Explanation of Responses:

(*) If the form is filed by more than one reporting person, see Instruction 5(b)(v).
(**) Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Includes 14,500 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; 8,760 unvested shares of restricted stock under the 2015 Plan, one-third of which will vest per year beginning January 7, 2023; 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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.