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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 5/1/24 |
| Issuer: |
| Issuer CIK: 1556727 |
| Issuer Name: First Northwest Bancorp |
| Issuer Trading Symbol: FNWB |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1962693 |
| | Owner Name: Terwoerds Lynn |
| Reporting Owner Address: |
| | Owner Street 1: 105 W 8TH ST |
| | Owner Street 2: |
| | Owner City: PORT ANGELES |
| | Owner State: WA |
| | Owner ZIP Code: 98362 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 5/1/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: P |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 2,417 |
| | | Transaction Price Per Share: |
| Value: 10.3399 |
| Footnote ID: F1 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 8,841 |
| Footnote ID: F2 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: These shares were purchased in multiple transactions on the reported date with prices resulting in a weighted average price of $15.3399. Upon request, the reporting person will provide to the Commission staff or a security holder of the Issuer the number of shares purchased and the purchase price for each separate transaction. |
| Footnote - F2: Includes 2,149 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), one-half of which will vest beginning on March 7, 2025, and 1,476 shares of restricted stock under the Issuer's 2020 Plan, which will vest in full on March 7, 2025. |
| Owner Signature: |
| Signature Name: /s/ Allison R. Mahaney, Attorney-in-Fact for Lynn Terweords |
| Signature Date: 5/1/24 |
