| | | | | | | | | | | | | | | | | | | | | | |
Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 1/7/24 |
| Issuer: |
| Issuer CIK: 1556727 |
| Issuer Name: First Northwest Bancorp |
| Issuer Trading Symbol: FNWB |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1410557 |
| | Owner Name: DEINES MATTHEW |
| Reporting Owner Address: |
| | Owner Street 1: 105 W. 8TH STREET |
| | Owner Street 2: |
| | Owner City: PORT ANGELES |
| | Owner State: WA |
| | Owner ZIP Code: 98362 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Officer Title: President / CEO |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 4,110 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: by 401(k) |
| Non-Derivative Holding: |
| | Security Title: |
| | | Value: Common Stock |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 1951 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: I |
| | | Nature of Ownership: |
| Value: by ESOP |
| Non-Derivative Transaction: |
| | Security Title: |
| | | Value: Common Stock |
| | Transaction Date: |
| | | Value: 1/7/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: F |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 882 |
| | | Transaction Price Per Share: |
| Value: 15.39 |
| | | Transaction Acquired-Disposed Code: |
| Value: D |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 83,743 |
| Footnote ID: F1 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: Includes 25,250 shares held in an IRA account; 2,480 unvested shares of restricted stock granted under the Issuer's 2015 Equity Incentive Plan ("2015 Plan"), which will vest in full on August 7, 2024; 2,920 unvested shares of restricted stock under the 2015 Plan, which will vest in full on January 7, 2025; 3,833 unvested shares of restricted stock granted under the Issuer's 2020 Equity Incentive Plan ("2020 Plan"), which will vest in full on March 7, 2024; and 2,942 unvested shares of restricted stock granted under the 2020 Plan, one-half of which will vest per year beginning on March 7, 2024. |
| Owner Signature: |
| Signature Name: /s/ Allison R. Mahaney, Attorney-in-Fact for Matthew P. Deines |
| Signature Date: 1/9/24 |
