Endrizzi James 4
4 · WASHINGTON FEDERAL INC · Filed May 12, 2023
Insider Transaction Report
Form 4
Endrizzi James
SVP & Regional Director
Transactions
- Purchase
Depositary Shares of Series A Preferred Stock
2023-05-11$13.31/sh+748$9,956→ 748 total
Holdings
- 115,734
Common Stock
- 211(indirect: By 401(k))
Common Stock
- 695
Non-Qualified Stock Option (right to buy)
Exercise: $28.16From: 2018-10-31Exp: 2028-10-28→ Common Stock (695 underlying)
Footnotes (2)
- [F1]Each Depositary Share represents a 1/40th interest in a share of 4.875% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, ("Series A Preferred Stock").
- [F2]66,225 shares of this total represents stock units awarded pursuant to a Supplemental Executive Retirement Plan ("SERP") for the benefit of the reporting person based on a stock price of $31.71 per share. The stock units vest increasingly upon the reporting owner's retirement age as follows: 0% prior to retirement age of 62, 80% at age of 62, 90% at age 63, and 100% at age of 64. The stock units will be settled in shares of WAFD common stock in accordance with the terms of the SERP.