SEC FORM 4/A

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Hueth Laurence J.

(Last)

(First)

(Middle)

105 WEST 8TH STREET

(Street)

PORT ANGELES

98362

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
First Northwest Bancorp [ FNWB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	FNWB President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
11/06/2019

4. If Amendment, Date of Original Filed (Month/Day/Year)
11/12/2019

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	11/06/2019	11/07/2019	S		5,382⁽¹⁾	D	$17.7174⁽²⁾	15,761⁽³⁾	I	By 401(k) Plan
Common Stock	11/07/2019		S		1,458⁽⁴⁾	D	$17.6199⁽⁵⁾	14,303⁽³⁾	I	By 401(k) Plan
Common Stock								30,000	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. These shares were inadvertently combined with 1,458 shares on the original filed Form 4 that were actually sold on November 7, 2019. The amended Form 4 correctly reflects that only 5,382 shares were sold on November 6, 2019.

2. These shares were sold in multiple transactions on November 6, 2019 with prices ranging from $17.62 to $17.815, resulting in a weighted average price of $17.7174. Upon request, the reporting person will provide to the Issuer, the Commission staff or a security holder of the Issuer the number of shares sold and the sale price for each separate transaction. The amended Form 4 correctly reflects the price range and weighted average price for 5,382 shares sold on November 6, 2019.

3. Consists of units held in the First Federal Savings and Loan Association of Port Angeles 401(k) Plan, which consists of shares of the Issuer's common stock and a liquidity cash component. As a result, the number of underlying shares may fluctuate from time to time.

4. These shares were inadvertently combined with 5,382 shares that were sold on November 6, 2019 as reported on the original filed Form 4. The amended Form 4 correctly reflects 1,458 shares sold on November 7, 2019.

5. These shares were sold in multiple transactions on November 7, 2019 with prices ranging from $17.54 to $17.75, resulting in a weighted average price of $17.6199. Upon request, the reporting person will provide to the Issuer, the Commission staff or a security holder of the Issuer the number of shares sold and the sale price for each separate transaction.

Remarks:

	/s/Joyce L. Ruiz, Attorney-In-Fact for Laurence J. Hueth	11/18/2019
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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