SEC Form 4 · accession 0000939057-17-000397
First Financial Northwest, Inc. · FFNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph W Kiley III
Officer — President and CEO · Director
Period of report
Sep 14, 2017
Accepted (ET)
Sep 15, 2017 · 4:39 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 | Sep 14, 2017 | M | 15,000 | $8.01 | A | 44,250 | D | |
| Common Stock, $0.01 par valueF1 | Sep 14, 2017 | S | 15,000 | $16.0359 | D | 29,250 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to Buy)F2 | $8.01 | Sep 14, 2017 | M | 15,000 | D | — | Sep 19, 2022 | Common Stock | 15,000 | 135,000 | 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 $16.00 to $16.2261 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 September 19, 2013 and ending on September 19, 2017.