SEC Form 4 · accession 0001046025-18-000069
HERITAGE FINANCIAL CORP /WA/ · HFWA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David A Spurling
Officer — Chief Credit Officer
Period of report
Feb 28, 2018
Accepted (ET)
Mar 16, 2018 · 4:28 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001046025
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 15, 2018 | M | 524 | $31.90 | A | 28,874 | D | |
| Common Stock | Mar 15, 2018 | F | 119 | $31.90 | D | 28,755 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | $0.00 | Feb 28, 2018 | A | 1,380 | A | Mar 15, 2021 | Mar 15, 2021 | Common Stock | 1,380 | 1,380 | D |
| Performance Share UnitsF2 | $0.00 | Feb 28, 2018 | A | 1,380 | A | — | Mar 15, 2021 | Common Stock | 1,380 | 1,380 | D |
| Restricted Stock UnitsF1 | — | Mar 15, 2018 | M | 524 | D | Mar 15, 2020 | Mar 15, 2020 | Common Stock | 524 | 1,048 | D |
Explanation of responses
- F1Represents award pursuant to 2014 Omnibus Equity Plan; shares vest one third per year over a three year period. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting.
- F2Represents stock performance unit granted pursuant to the 2014 Omnibus Equity Plan. Units vest after three years contingent on meeting performance metrics.