SEC Form 4 · accession 0000939057-17-000265
First Financial Northwest, Inc. · FFNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary F Faull
Director
Period of report
May 26, 2017
Accepted (ET)
May 30, 2017 · 12:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001401564
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par value | May 26, 2017 | M | 18,340 | $9.78 | A | 101,478 | D | |
| Common Stock, $0.01 par valueF1 | May 26, 2017 | S | 18,340 | $15.9525 | D | 83,138 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stop Option (Right to Buy)F2 | $9.78 | May 26, 2017 | M | 18,340 | D | — | Jul 3, 2018 | Common Stock | 18,340 | 0 | D |
Explanation of responses
- F1The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.95 to $16.00 per share, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (1).
- F2Vested in equal installments of 20% per year beginning on July 3, 2009 and ending on July 3, 2013.