SEC Form 4 · accession 0000939057-18-000336
First Financial Northwest, Inc. · FFNW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard P Jacobson
Officer — Executive VP and CFO · Director
Period of report
Jun 13, 2018
Accepted (ET)
Jun 15, 2018 · 3:47 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, par value $0.01 par share | Jun 13, 2018 | M | 5,000 | $10.88 | A | 24,862 | D | |
| Common Stock, par value $0.01 par shareF1 | Jun 13, 2018 | S | 5,000 | $20.0132 | D | 19,862 | D | |
| Common Stock, par value $0.01 par share | Jun 14, 2018 | M | 7,000 | $10.88 | A | 26,862 | D | |
| Common Stock, par value $0.01 par shareF2 | Jun 14, 2018 | S | 7,000 | $19.8895 | D | 19,862 | D | |
| Common Stock, par value $0.01 par share | Jun 15, 2018 | M | 3,000 | $10.88 | A | 22,862 | D | |
| Common Stock, $.01 par value per share | Jun 15, 2018 | S | 3,000 | $19.88 | D | 19,862 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $10.88 | Jun 13, 2018 | M | 5,000 | D | — | Jul 17, 2023 | Common Stock | 5,000 | 95,000 | D |
| Stock Options (Right to Buy)F3 | $10.88 | Jun 14, 2018 | M | 7,000 | D | — | Jul 17, 2023 | Common Stock | 7,000 | 88,000 | D |
| Stock Options (Right to Buy)F3 | $10.88 | Jun 15, 2018 | M | 3,000 | D | — | Jul 17, 2023 | Common Stock | 3,000 | 85,000 | 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 $19.95 to $20.69 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).
- F2The reported price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.88 to $19.95 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 (2).
- F3Vested in equal installments of 20% per year beginning on July 17, 2014 and ending on July 17, 2018.