X0306 4 2016-05-06 0 0001530249 FS Bancorp, Inc. FSBW 0001548094 Adams Joseph C. C/O FS BANCORP, INC. 6920 220TH STREET SW, SUITE 300 MOUNTLAKE TERRACE WA 98043 1 1 0 0 Chief Executive Officer Common Stock 2016-05-06 4 F 0 1675 25 D 27255 I Stock award Common Stock 23948 D Represents shares withheld by FS Bancorp, Inc. to satisfy tax withholding obligations in connection with the vesting of 6,121 shares of restricted stock on May 6, 2016 of the 30,500 shares of restricted stock granted to the reporting person on May 8, 2014. Includes shares of restricted stock that vested on May 8, 2015 and on May 6, 2016. /s/Joseph C. Adams 2016-05-06