SEC Form 4 · accession 0000939057-18-000285
FS Bancorp, Inc. · FSBW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Drew B. Ness
Officer — Chief Relationship Officer
Period of report
May 15, 2018
Accepted (ET)
May 16, 2018 · 6:02 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001530249
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 15, 2018 | M | 1,685 | $16.89 | A | 6,788 | D | |
| Common StockF1 | May 15, 2018 | S | 921 | $57.74 | D | 5,867 | D | |
| Common StockF2 | May 15, 2018 | S | 764 | $57.83 | D | 5,103 | D | |
| Common StockF3 | holding | — | — | — | 1,800 | D | ||
| Common Stock | holding | — | — | — | 1,445 | I | By IRA |
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) | $16.89 | May 15, 2018 | M | 921 | D | May 8, 2017 | May 8, 2024 | Common Stock | 921 | 10,079 | 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 $57.71 to $57.83 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 $57.78 to $57.88 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).
- F3Represents unvested shares of restricted stock that were awarded under the FS Bancorp, Inc. 2013 Equity Incentive Plan.